Pakistan heads for better outcome as July-May remittances reach $ 34.9 billion mark

May remittances hit $ 3.7 billion mark. Ex-Pat Pakistani keep Islamabad hopes of better days alive by sending more remittances in July-May period of FY 25

By Rehan Ahmad Last updated Jun 13, 2025 100 0

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Karachi . The State Bank of Pakistan (SBP) official handout suggested that the workers’ remittances recorded an inflow of US$ 3.7 billion during May 2025.
It said in terms of growth, remittances increased by 16.0 percent and 13.7 percent on m/m and y/y basis
respectively.

Cumulatively, with an inflow of US$ 34.9 billion, workers’ remittances increased by 28.8 percent
during Jul-May FY25 compared to US$ 27.1 billion received during Jul-May FY24.
 Remittances inflows during May 2025 were mainly sourced from Saudi Arabia ($913.9 million),

United Arab Emirates ($754.2 million), United Kingdom ($588.1 million) and United States of
America ($314.7 million).

Pakistan is heavily depending on the workers remittances to better its Forex reserves and meet its imports needs. Had Pakistanis who are abroad not risen to the occasion , Islamabad would have been in distress seriously.