Karachi: Workers’ remittances rose to USD 3.83 billion in March 2026, posting a strong month-on-month increase of around 17 percent, according to data released by the State Bank of Pakistan (SBP).
The inflows were up from USD 3.28 billion recorded in February, reflecting an increase of USD 550 million, largely driven by higher transfers from overseas Pakistanis ahead of Eidul Fitr.
However, on a year-on-year basis, remittances declined by about 5 percent compared to USD 4 billion received in March 2025.
Cumulatively, remittances during July–March FY26 increased by 8.2 percent to USD 30.3 billion, up from USD 28 billion in the same period last year.
Country-wise, the largest share of remittances in March came from Saudi Arabia at USD 918.4 million, followed by the United Arab Emirates with USD 823.7 million. Inflows from the United Kingdom and the United States stood at USD 587.3 million and USD 359.3 million, respectively.
Analysts said the monthly rise was in line with expectations, as remittances typically increase ahead of Eid. They added that strong inflows continue to support Pakistan’s external account and help ease pressure on foreign exchange reserves, despite some year-on-year fluctuations.
Samra Zulfiqar, a real estate analyst at Zameen.com, is passionate about finding projects that offer buyers the best returns. Her keen insights spotlight the market’s most promising opportunities.
