Pakistan registers $3.6bn in remittances for July 2026
- Remittances increased by 4.5% on a month-on-month basis
Pakistan received $3.631 billion in overseas remittances in July 2026, marking a 4.5% monthly and 13% yearly increase, significantly boosting the nation's economy.
- Pakistan's significant increase in overseas workers' remittances.
- Remittance contributions from major countries like Saudi Arabia and UAE.
- Government strategies to promote and sustain remittance growth.
The inflow of overseas workers’ remittances into Pakistan stood at $3.631 billion in July 2026, the State Bank of Pakistan (SBP) data showed on Monday.
In terms of growth, remittances increased by 4.5% on a month-on-month basis and 13% on a year-on-year basis.
Overseas workers’ remittances to Pakistan increased by 9% to $41.6 billion during Jul-June FY26, up from $38.3 billion in the previous fiscal year.
“We expect remittances for FY27 to clock in at $40.1 billion,” said Topline Securities in a note.
Remittances play a significant role in supporting the country’s external account, stimulating Pakistan’s economic activity, and supplementing the disposable incomes of remittance-dependent households.
Meanwhile, the government promotes remittances through incentives and formal channels to sustain steady growth and ensure their role in economic stability.
PM expresses satisfaction
Prime Minister Shehbaz Sharif on Monday expressed satisfaction over $3.6 billion in remittances sent by overseas Pakistanis.
“The consistent and positive contribution of overseas Pakistanis to the stability and growth of the national economy is commendable. Pakistanis are a valuable component of our national economic mainstream, said PM Shehbaz.
Breakdown of remittances
Overseas Pakistanis in Saudi Arabia remitted the largest amount in July 2026, sending $914 million. The amount was up 11% compared to the $824 million sent by the expatriates in the same month last year. Moreover, the amount was up by 10% compared to $830 million in June 2026.
Inflows from the United Arab Emirates rose by 11% on a yearly basis, from $665 million in July 2025 to $737 million in July 2026. However, on a monthly basis, remittances declined by 7%, down from $792 million registered in June 2026.
Remittances from the UK amounted to $555 million in July 2026, up 23% from $450 million in the same month last year.
Overseas Pakistanis in the US sent $317 million in July, a 7% increase from $296 million in June.
Meanwhile, remittances from European Union (EU) countries clocked in at $462 million in July, recording an increase of 11% on a monthly basis from $415 million in June.
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