Workers' remittances rise to $3.1bn in February
MG News | March 10, 2025 at 07:41 PM GMT+05:00
March 10, 2025 (MLN): Pakistan’s workers’ remittances reached $3.1 billion in February 2025, according to data released by the State Bank of Pakistan (SBP) today.
This represents a 38.6% YoY increase compared to February 2024 and a 3.8% rise from the previous month.
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Cumulatively, with an inflow of $24bn, workers’ remittances increased by 32.5% during Jul-Feb, FY25 compared to $18.1bn received during Jul-Feb FY24.
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Remittances inflows during February 2025 were mainly sourced from Saudi Arabia ($744.4 million), United Arab Emirates ($652.2 million), United Kingdom ($501.8 million) and the United States of America ($309.4 million).
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