Overseas Pakistanis have expressed their confidence in the government by sending record remittances, contributing to a significant increase in foreign inflows.
According to the State Bank of Pakistan, remittances in the current fiscal year have risen by 11 percent.
In the first seven months of this fiscal year, Pakistan’s remittances have exceeded $23 billion, reaching $23.202 billion, the central bank reported.
In January 2026 alone, remittances amounted to $3.465 billion, reflecting a 15 percent year-on-year increase from $3 billion in January 2025.
Saudi Arabia emerged as the leading source of remittances, contributing $740 million in January 2026.
The United Arab Emirates followed closely with $694 million, while the United Kingdom sent $572 million, European countries $480 million, and the United States $295 million.
The growth in remittances during the current fiscal year indicates a continued trust of overseas Pakistanis in the country’s economic stability.
State Bank data shows that in the same seven-month period last fiscal year, remittances totaled $20.85 billion.
This year-on-year increase reflects both the resilience of the Pakistani diaspora and the government’s efforts to maintain stable economic policies.
The inflows are expected to play a crucial role in supporting Pakistan’s foreign exchange reserves and economic recovery.