remittances up by 8.5% to $33.9bn in Jul-Apr FY26Published on: May 12, 2026 4:17 AM
Pakistan, May 12 -- Saudi Arabia remained the largest source of overseas remittances to Pakistan in April, with workers in the Kingdom sending $841.7 million to the South Asian country, according to State Bank of Pakistan data released on Monday.
Remittances are a critical source of foreign exchange for Pakistan's fragile economy, helping finance imports, stabilize the currency and support millions of households. The Gulf region, particularly Saudi Arabia and the United Arab Emirates, accounts for the bulk of inflows due to the large Pakistani expatriate workforce employed there.
Pakistan has seen remittances rise sharply over the past two years, with inflows reaching a record $38.3 billion in fiscal year 2025, up 26.6 percent from $30....
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