PM Lauds Record $38.3b Remittance Inflow
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8 Articles
PM lauds record $38.3b remittance inflow
Prime Minister Shehbaz Sharif has expressed satisfaction over the record increase in remittances during the fiscal year 2024-25, according to Radio Pakistan. The statement comes as the State Bank of Pakistan on Wednesday reported that workers' remittances for the fiscal year 2024-25 reached a record high of $38.3 billion, marking an increase of $8 billion, or 26.6%, compared to the $30.3 billion received in the previous year. During FY25, worker…
Gulf remittances drive record $38.3 billion inflow to Pakistan in
KARACHI: Pakistan received a record $38.3 billion in workers’ remittances during the last fiscal year, reporting an increase of about $8 billion over a 12-month period that exceeds the country’s ongoing International Monetary Fund (IMF) loan program, according to official data and analysts on Tuesday. The remittance surge from $30.25 billion in FY24 helped shore up the
Record-Breaking Gulf Remittances Push Pakistan’s Inflow
A sharp rise in Gulf remittances helped Pakistan reach an all-time high of $38.3 billion in remittances during FY25, according to central bank data released on Tuesday. This inflow, exceeding the $7 billion IMF loan program, played a key role in stabilizing the country’s economy and boosting foreign exchange reserves. Highest Remittance Inflow in Pakistan’s History The remittances jumped by $8 billion from FY24’s $30.25 billion—marking a signifi…
Pakistan records remittances inflow of 3.4 billion in June 2025
KARACHI – Pakistan recorded workers’ remittances inflow of $3.4 billion in June 2025. According to the data released by the State Bank of Pakistan (SBP) on Wednesday, workers’ remittances increased by 7.9 per cent on a year-on-year basis. During fiscal year 2024-25, workers’ remittances rose by 26.6 per cent to $38.3 billion as compared with $30.3 billion in 2023-24. Remittances during June 2025 were mainly sourced from Saudi Arabia ($823.2 mill…
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