Overseas Pakistanis drive economic resilience: PM

June 16, 2025 (MLN): The vital contribution of overseas Pakistanis to the national economy was recognized, as Prime Minister Muhammad Shehbaz Sharif highlighted remittances from migrant workers as a key driver of Pakistan’s foreign exchange reserves.

In his message on the International Day of Family Remittances, the Prime Minister said Pakistan joined the international community in observing the day to honor the essential contributions of migrant workers who drive development in their home countries through their hard-earned remittances.

He stated that remittances from overseas Pakistanis have always been a cornerstone of the national economy, according to the press release.

“Their financial contributions are not only an expression of love and responsibility towards their families, but also a powerful pillar supporting Pakistan’s economic resilience,” he said.

On this occasion, the Prime Minister paid a heartfelt tribute to the global Pakistani community, emphasizing that their remittances reflect an enduring bond with their homeland a bond of trust, commitment, and generational responsibility.

Shehbaz Sharif noted that the government is continuing its efforts to attract foreign direct investment and expand the export base to ensure long-term economic stability.

Highlighting recent figures, he revealed that overseas Pakistanis have remitted a record $34.9 billion in the current fiscal year, marking a 28.8% increase.

“This trust reinforces our resolve to redouble efforts for the revival and growth of our economy,” the Prime Minister said.

To note, Pakistan’s workers’ remittances rose to $3.68bn in May 2025, marking a 13.67% year-on-year and 16% month-on-month increase.

Cumulatively, remittances reached $34.89bn during July–May FY25, up 28.79% from $27.09bn in the same period last year.

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