Karachi, October 9, 2025 – Pakistan’s workers’ remittances from the United States dropped by 10% during the first quarter (July–September) of fiscal year 2025–26, according to new data released by the State Bank of Pakistan (SBP).
The SBP reported that remittances from the U.S. declined to $806 million, compared with $900 million in the same period of the previous fiscal year. Market analysts linked the decline to recent policy changes in the United States under the Trump administration, which have affected immigration and overseas employment, leading to reduced remittances inflows from Pakistani workers abroad.
Despite the decline from the U.S., inflows from Saudi Arabia showed strong performance, rising 7.2% to $2.31 billion during the quarter, compared with $2.16 billion a year earlier. The United Kingdom also contributed positively, with remittances increasing by 2% to $1.37 billion, up from $1.34 billion in the same quarter of FY25.
Overall, Pakistan’s total remittances grew by 8.18%, reaching $9.52 billion during the first quarter of FY26, compared to $8.80 billion in the corresponding period of the previous fiscal year. The improvement was largely driven by higher inflows from Gulf countries and Europe.
In September 2025 alone, remittance inflows reached $3.16 billion, showing an 11% year-on-year growth, reflecting stronger seasonal inflows ahead of major religious and social events.