Pakistan received a record $41.6 billion in workers’ remittances in the last fiscal year (FY26), up by around 8.6 per cent compared to FY25, according to data released by the State Bank of Pakistan (SBP) on Thursday.
Adviser to the Finance Minister Khurram Schehzad said the figure was Pakistan’s “highest-ever annual remittances in history”.
“This historic milestone reflects the unwavering confidence of overseas Pakistanis and reinforces Pakistan’s external sector resilience, stronger foreign exchange buffers, and improving macroeconomic fundamentals,” he said on X.
The adviser termed the inflows a “record achievement”, adding that the growth over the last three years had been “phenomenal, powered by millions of hardworking Pakistanis across the globe”.
The latest figures were in line with the government’s expectations that total remittances would surpass the official target by the end of FY26 on June 30. The government had initially projected inflows of $41bn before revising the target to $40bn.
