Workers’ remittances reached $7.29 billion in July-August 2026, with Saudi Arabia, the UAE, the UK and the US remaining major sources of inflows.

KARACHI: Workers’ remittances to Pakistan surged 15% during the first two months of fiscal year 2026-27, reaching $7.29 billion, compared with $6.35 billion during the corresponding period of the previous fiscal year.

According to the State Bank of Pakistan (SBP), remittance inflows increased by around $940 million during July-August 2026 compared with the same period of FY26.

Workers’ remittances stood at $3.7 billion in August 2026, registering a 16.5% year-on-year increase and a 0.7% month-on-month rise.

The continued growth in remittance inflows reflects strong transfers from overseas Pakistani workers and provides an important source of foreign exchange for the country.

Saudi Arabia remains top remittance source

Saudi Arabia remained the largest source of workers’ remittances in August, sending $873.5 million to Pakistan.

The United Arab Emirates (UAE) was the second-largest source, with inflows of $749.8 million, while Pakistani workers in the United Kingdom sent $563.7 million during the month.

Remittances from the United States amounted to $308.9 million.

The major remittance corridors during August 2026 were:

Country	Remittances
Saudi Arabia	$873.5 million
UAE	$749.8 million
UK	$563.7 million
USA	$308.9 million

Remittances support Pakistan’s external position

The latest SBP data shows that workers’ remittances maintained strong momentum at the start of FY27, with inflows rising both annually and month-on-month in August.

The sustained flow of funds from overseas Pakistanis remains an important source of foreign exchange and continues to support the country’s external account and foreign exchange position.