Karachi: Pakistan received USD 3.1 billion in remittances during August 2025, reflecting a 7% increase compared with the same month last year, the State Bank of Pakistan (SBP) said on Monday.
Despite the annual growth, the inflows were down 2% compared with July 2025. The central bank said the remittances were mainly sourced from Saudi Arabia (USD 736.7 million), the United Arab Emirates (USD 642.9 million), the United Kingdom (USD 463.4 million), and the United States (USD 267.3 million).
Analysts noted that the resilience of remittances underscored their importance in supporting the external account. “For Pakistan, the consistency of remittances is less about seasonal fluctuations and more about maintaining confidence in formal channels through currency stability and policy clarity,” said Saad Hanif, head of research at Ismail Iqbal Securities.
Remittances are a key contributor to Pakistan’s current account stability. In FY25, overseas workers sent USD 38.3 billion, and the SBP expects the figure to rise to over USD 40 billion in FY26.
However, analysts have cautioned that recent monsoon floods may impact the country’s trade balance, potentially widening the current account deficit in the months ahead.
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