In a historic show of trust in the national economy and deep connection with their homeland, overseas Pakistanis sent record remittances to Pakistan, totaling $38.3 billion during the fiscal year 2024–25. This marks the highest-ever annual inflow in the country’s history and a defining moment for Pakistan Remittance 2025.
Compared to FY 2023–24, when remittances stood at $30.3 billion, this represents a remarkable 26.6% year-on-year increase — a testament to the unwavering support of overseas Pakistani remittances in strengthening the national economy.
Top Contributing Countries:
-
Remittance from Saudi Arabia: $9.3 billion
-
Remittance from UAE: $7.8 billion
-
United Kingdom: $5.9 billion
-
European Countries: $4.5 billion
-
United States: $3.7 billion
Legal Remittance Channels Enhanced
As per the report, initiatives from the State Bank of Pakistan, particularly the Pakistan Remittance Initiative (PRI), significantly improved legal remittance channels in Pakistan. These reforms made money transfers more secure, faster, and easier, helping formal channels outperform informal ones.
PRI reforms included:
-
Fee waivers on remittance transactions
-
Digital upgrades to the banking system
-
Awareness campaigns for overseas workers
These strategic improvements made it easier for overseas Pakistanis to send money home through secure and official means, directly supporting the Pakistan economy 2025.
June 2025: Monthly Highlights
In June 2025, remittances reached $3.4 billion, showing a 7.9% increase compared to June 2024.
Breakdown for June:
-
Saudi Arabia: $823.2 million
-
UAE: $717.2 million
-
UK: $537.6 million
-
USA: $281.2 million
Expert Insights on Pakistan Remittance 2025
Economists credit this strong performance to policy reforms such as PRI, improved digital infrastructure, and better incentives that made legal channels more attractive. This trend in Pakistan Remittance 2025 reflects growing confidence in the country’s financial systems and contributes significantly to long-term economic stability.
