Saudi Arabia Leads Pakistan’s Remittance Inflows as Two-Month Total Reaches $7.29 Billion
ISLAMABAD: Pakistan received $3.66 billion in workers’ remittances in August 2026, marking a 16.5% increase year-on-year and a 0.7% rise compared with July, according to State Bank of Pakistan (SBP) data.
According to Adviser to the Finance Minister Khurram Schehzad, remittance inflows during the first two months of FY2026-27 reached $7.29 billion, registering a 14.7% increase compared with the same period last year. He said the latest inflows build on the record $41.6 billion received during FY2025-26.
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Saudi Arabia remained the largest source, sending $873 million in August, followed by the UAE with $750 million, the UK with $564 million and the US with $309 million. Saudi remittances rose 19% year-on-year, while UAE inflows increased 17% during the month.
During July-August, remittances from Saudi Arabia totaled $1.787 billion, up 15%, while UAE inflows reached $1.487 billion, an increase of 14%. Other GCC countries contributed $327 million, while other global destinations added $338 million. The government says sustained remittance flows are strengthening household incomes, foreign exchange liquidity, reserves and Pakistan’s external-sector resilience.
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