Workers’ remittances rise to $3.66 billion in August 2026
At a glance
- Workers' remittances reached $3.66 billion in August 2026.
- This represents a 16.5% increase compared to the same month last year.
- Cumulative inflows for the first two months of FY27 stand at $7.29 billion.
Story so far
Workers' remittances have shown strong growth, providing crucial support to Pakistan's foreign exchange reserves. Inflows for the fiscal year to date have increased significantly compared to the previous year, with August 2026 alone seeing receipts of $3.66 billion. This growth comes despite the discontinuation of certain incentive schemes by the State Bank. Saudi Arabia, the UAE, the UK, and the US remain the largest sources of these inflows.
Latest development
Pakistan received workers' remittances totalling $3.66 billion in August 2026, a 16.5% year-on-year increase. Inflows for the first two months of the fiscal year reached $7.29 billion.
Latest updates
Workers' remittances to Pakistan reached $3.66 billion in August 2026, marking a 16.5 percent year-on-year increase and a 0.7 percent rise from July 2026.
According to the latest data, cumulative inflows for the first two months of the fiscal year 2027 (2MFY27) stood at $7.29 billion, up 14.7 percent compared to the same period last year. This follows a record $41.6 billion received in the fiscal year 2026.
The increase in August was broad-based, with Saudi Arabia remaining the largest source country, followed by the UAE, UK, and US. Inflows have remained strong despite the State Bank of Pakistan discontinuing two remittance incentive schemes from July 2026.
Sources and updates
Remittances rise; dependence deepens
Pakistan’s remittance momentum has carried into FY27. Workers’ remittances reached USD3.66 billion in Aug-26, rising 16.5 percent year-on-year and 0.7 percent from Jul-26. Cumulative inflows during 2MFY27 stood at USD7.29 billion, up 14.7 percent yea
Yeh khabar sun kar khushi hui. Overseas Pakistanis hamari economy ke liye bohat ahem hain. Mashallah, yeh trend barqarar rahe.