Workers | Pakistan

Remittances from overseas Pakistani workers went up by 7.4 per cent on year-on-year basis for the month of July, the State Bank of Pakistan (SBP) said on Friday. Every month, millions of overseas Pakistanis send money home. These remittances are now a cornerstone of Pakistan’s balance-of-payments, hitting a record $4.1 billion during March alone. “Workers’ remittances recorded an inflow of $3.2bn during July 2025,” a press release by the SBP read. According to the data released by the bank, the inflows were mainly sourced from Saudi Arabia ($823.7 million), United Arab Emirates ($665.2m), United Kingdom ($450.4m) and the US ($269.6m). Last month, SBP’s data showed that workers’ remittances increased by 26.6pc to hit a record $38.3bn during the fiscal year 2025 as compared to the corresponding period of last year. It added that the workers’ remittances went up by 7.9pc to $3.406bn in June 2025, compared to $3.158bn during the same month last year. FY25 proved to be a relatively successful year for the governme...