Remittances sent home by overseas Pakistani workers reached $3.2 billion in April, marking a 13% increase compared to the same month last year, according to figures released by the State Bank of Pakistan (SBP) on Friday.
Karachi-based brokerage firm Topline Securities highlighted in its report: “Worker remittances stood at $3.2 billion, reflecting a 13% year-on-year rise for April 2025. This brings total remittances for the first 10 months of FY25 to $31 billion, representing a robust 31% increase year-on-year.”
Breaking down the sources of these inflows, the largest contributions in April came from Saudi Arabia ($725 million), followed by the UAE ($658 million), the UK ($535 million), and the US ($302 million).
Although the government initially set a remittance target of $35 billion for the full fiscal year (FY25), many financial experts now anticipate that inflows will surpass that goal. A currency dealer from the banking sector remarked, “We expect remittances to potentially reach $36 billion by the end of FY25.”
Supporting this trend, a study published by the Asian Development Bank (ADB) noted that Pakistani migrants tend to remit more funds when economic conditions at home improve and when there’s a positive linkage between remittance flows and domestic economic activity. The ADB’s findings suggest that both local and overseas economic performance play a significant role in driving remittance trends to Pakistan.
