Strong performance in remittances, Pakistan received $41.58 billion in fiscal year 2026

Karachi: Remittances sent by overseas Pakistanis provided significant support to the country’s economy during the fiscal year 2026, while the inflow of funds remained at a stable level even in the month of June.

According to the latest data released by the State Bank of Pakistan, overseas Pakistanis remitted US$3.5 billion to Pakistan in June 2026. According to experts, this volume of remittances plays an important role in strengthening the country’s foreign exchange reserves, import payments and external account balance.

According to the central bank’s data, at the end of the fiscal year 2026, Pakistan received a total of $41.58 billion in remittances from overseas Pakistanis, which proved to be a significant financial support for the economy throughout the year.

The data shows that an average of $3.46 billion was sent to Pakistan monthly during the last fiscal year. This continuity indicates that Pakistanis living in different countries of the world are continuously playing a role in the country’s economy along with supporting their families financially.

Economists say that remittances are an important source of foreign exchange for Pakistan, which not only helps in stabilizing the current account but also plays an effective role in reducing pressure on the rupee, paying import bills and supporting overall economic activities.

According to experts, if employment opportunities abroad are increased, the use of legal banking channels is encouraged and the digital money transfer system is further improved, the volume of remittances is possible to increase further in the coming years.

The State Bank report has come out at a time when the government is busy in efforts to stabilize the economy through exports, investment and the involvement of overseas Pakistanis. Economic circles believe that the continued strong inflow of remittances is being considered as an encouraging development for the stability of the external sector.