Workers' remittances rise 7% YoY in August

September 08, 2025 (MLN): Pakistan received workers’ remittances worth $3.1 billion in August 2025, the State Bank of Pakistan (SBP) said in a statement on Monday.

The inflows marked a 6.6% increase on a year-on-year basis, though they recorded a 2.38% decline compared to July 2025.

Cumulatively, during the first two months of FY26 (July–August), remittances amounted to $6.4bn, reflecting a 7% growth against $5.9bn received in the same period last year.

The inflows in August 2025 were largely contributed by Saudi Arabia ($736.7mn), United Arab Emirates ($642.9mn), United Kingdom ($463.4mn), and the United States ($267.3mn), the SBP noted.

In March 2025, workers’ remittances crossed $4.05bn.This surge was attributed to Eid festivities, increased use of formal banking channels, and rising economic activity in the Gulf region, from where the majority of Pakistan’s remittances originate.

Copyright Mettis Link News