Jul-Feb remittances up 10.5pc to USD26.5bn YoY

Workers’ remittances to Pakistan recorded a notable increase of 10.5 percent during the first eight months of the current fiscal year (FY26). According to the State Bank of Pakistan (SBP), cumulatively, the country received home remittances amounting to USD 26.5 billion during July-February of FY26, compared with USD 24 billion in the corresponding period of FY25, reflecting an increase of USD 2.5 billion. Remittances from Saudi Arabia remained the largest source during the first eight months of the current fiscal year, posting a 4.6 percent increase. Inflows from the Kingdom amounted to USD 6.168 billion during July-February FY26, compared with USD 5.89 billion in the corresponding period of the previous fiscal year.