Workers’ remittances jump to $3.2bn in September

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MG News | October 09, 2025 at 09:45 AM GMT+05:00

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October 9, 2025 (MLN): Pakistan’s overseas workers sent home $3.18 billion in September 2025, reflecting a notable 1.45% increase MoM and a sharper 11.3% YoY, according to data released by the State Bank of Pakistan (SBP).


This brings total remittances for 3MFY25 (July–September) to $9.53 billion, up 8.4% from $8.8 billion in the same period of last fiscal year (3MFY24).

The increase highlights continued strength in inflows despite global economic headwinds and exchange rate adjustments.

Remittance inflows from key corridors showed mixed trends but remained robust overall:

  • Saudi Arabia remained the largest source, contributing $750.9 million, up from $736.7 million in August 2025.

  • United Arab Emirates (UAE) followed with $677.1 million, reflecting a healthy uptick from $642.9 million a month earlier.

    • Within the UAE, Dubai led with $510.9 million, while Abu Dhabi contributed $142.1 million.

  • United Kingdom remained a strong contributor at $454.8 million, while

  • European Union (EU) countries collectively sent $423.5 million, slightly lower than August’s $432.7 million.

  • Other GCC countries brought in $299.6 million, with Oman ($103.3 million) and Qatar ($88.7 million) leading the pack.

  • From the United States, inflows stood at $269.0 million, largely stable compared to the previous month.

Other notable contributors included Australia ($90.5 million), Canada ($59.8 million), and South Africa ($24.8 million).

On a yearly basis, remittances increased by $324 million, compared to $2.86 billion in September 2024, driven primarily by higher inflows from Saudi Arabia, the UAE, and the UK.

Outlook

The rise in remittances is a positive sign for Pakistan’s external account stability, particularly amid ongoing negotiations with the IMF and efforts to bolster foreign exchange reserves.

Sustained inflows from the Gulf and Western economies continue to serve as a vital lifeline for Pakistan’s balance of payments.

Copyright Mettis Link News

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