Overseas Pakistanis sent $3.53 billion in remittances in April 2026, marking an 11% increase compared to the same month last year, according to the State Bank of Pakistan (SBP).
Image: Geo News
However, inflows declined 8% on a month-on-month basis compared to March 2026, when remittances stood at $3.83 billion.
SBP data showed that total remittances during the first 10 months of FY26 reached $33.86 billion, reflecting an 8% rise over the corresponding period of the previous fiscal year.
Saudi Arabia remained the largest source of remittances in April, with inflows of $841.7 million, followed by the United Arab Emirates at $734.7 million. Other Gulf Cooperation Council (GCC) countries contributed $325 million.
Overall inflows from the Middle East totaled nearly $1.9 billion during the month.
Experts noted that while monthly inflows dipped, the annual growth trend remained strong, partly influenced by higher seasonal transfers in previous months, including Eid-related remittances.
Pakistan’s remittance target for FY26 is around $41 billion, compared to $38 billion recorded in FY25.
