Pak’s remittances of $41. 6bn exceed its total exports

Pak's remittances of $41. 6bn exceed its total exports

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Pakistan received a record $41.6 billion in remittances from overseas workers in the last fiscal year (FY26), which ended June 30, higher than the total exports during the same period, according to the country’s central bank. The State Bank of Pakistan, in a social media post, said workers’ remittances during FY26 amounted to $41.6 billion, up by 8.6% from the $38.3 billion received during FY25. Data showed that Saudi Arabia ($829.6 million) and the UAE ($792.3 million) were the biggest sources of remittance inflows in June, followed by the UK ($514.9 million) and the US ($296.8 million). Other countries with over $100 million of inflows were Italy ($121.1 million) and Oman ($110.8 million).

The figure was Pakistan’s “highest-ever annual remittances in history”, adviser to the finance minister Khurram Schehzad said. Catch the latest world news and top headlines. Download the TOI App.

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