Remittances Open FY27 at $3.6b
Saudi Arabia and the United Arab Emirates remained the largest sources as remittances from the United Kingdom and United States posted the fastest gains.
- Pakistan received a record $3.63 billion in workers' remittances in July 2026, marking a 13% increase from the same month last year and 4.5% higher than June.
- Saudi Arabia remained the largest source with $913.9 million, up 10.9% year-on-year, while The United Arab Emirates followed with $737.3 million, a gain of 10.8%.
- The United Kingdom posted strongest percentage growth at 23.4% to $555.5 million, while the United States rose 17.6% to $317.2 million, diversifying inflows beyond traditional Gulf corridors.
- Topline Securities projects total worker remittances will reach $40.1 billion in FY27, a forecast market observers view as encouraging for Pakistan's external sector stability.
- Local gold prices climbed Rs800 to Rs457,366 per tola, while the Pakistani rupee closed at Rs277.70 against the United States dollar on Monday.
12 Articles
12 Articles
Remittances rise 13pc to $3.6bn in July
KARACHI: Remittances sent by overseas Pakistanis in the first month of the current fiscal year met the government’s expectations, with significant growth compared with the preceding month. The latest data issued by the State Bank of Pakistan (SBP) on Monday showed that inflows were 13 per cent higher in July than in the same month of the previous fiscal year. The country received a total of $3.6 billion in July, compared with $3.2bn in the same…
Geo News
Pakistan Live NewsWorkers' remittances rise 13% year-on-year to $3.6bn in July: SBP
UAE contributes $737m, UK $555m in July remittances.Remittances up 4.5% on month-on-month basis in July.PM Shehbaz hails receipt of $3.6bn remittances in July.KARACHI: Workers' remittances reached $3.6 billion in July 2026, rising 13%...
PM hails receipt of $3.6 bn remittances in July
ISLAMABAD, 10 AUG (DNA) — Prime Minister Muhammad Shehbaz Sharif on Monday expressed satisfaction over the receipt of $3.6 billion in remittances from overseas Pakistanis in July 2026. “Remittances sent by overseas Pakistanis increased by 13 percent year-on-year in July 2026, which is highly encouraging,” the prime minister said in a statement issued by the PM Office. He said remittances from overseas Pakistanis also increased by 4.5 percen…
Coverage Details
Bias Distribution
- 60% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
