Pakistan's remittances rise 13.8% year-on-year to $3.9 billion in October
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Pakistan received $3.9 billion in October remittances, up 13.8 per cent annually, with Saudi Arabia, the UAE and UK recording significant growth.
ISLAMABAD (Dunya News) – Pakistan received $3.9 billion in workers' remittances in October 2026, marking a 13.8 per cent increase compared with the same month last year, according to the Ministry of Finance.
On a month-on-month basis, remittances increased by 8.5 per cent, reflecting continued growth in financial inflows from overseas Pakistanis.
During the first four months of the current fiscal year 2026-27, total remittances reached $14.8 billion, representing a 14 per cent increase compared with the corresponding period of the previous fiscal year.
The Finance Ministry said Pakistan received an additional $1.8 billion in remittances during July-October compared with the same period last year.
Saudi Arabia remained the leading source of remittances, with inflows from the kingdom recording a 25 per cent increase in October.
Remittances from the United Arab Emirates rose by 16 per cent, while inflows from the United Kingdom increased by 15 per cent.
The ministry also reported a 12 per cent increase in remittances from European Union countries and a 13 per cent rise from other Gulf Cooperation Council countries.
According to the ministry, the sustained growth in overseas remittances has strengthened Pakistan's foreign exchange earnings and improved its capacity to meet external payment obligations.
The latest figures highlight the continued importance of overseas Pakistanis in supporting the country's external account and providing a significant source of foreign exchange.