Pakistan registers $3.7bn in remittances for August 2026

Business Recorder reported that overseas workers transferred $3.656 billion to Pakistan in August 2026, based on data the State Bank of Pakistan released on Wednesday. Year on year the figure climbed 16.5%, while it edged up 0.7% from July. For July and August of FY27, inflows totalled $7.3 billion, up 14.7% from $6.4 billion a year earlier.

Topline Securities, in a note, expects FY27 remittances to reach $43.7 billion. Such inflows bolster the external account, household incomes and economic activity, while the government continues to back formal transfer channels through incentives. Some experts, however, caution that heavy reliance on remittances is unsustainable and could encourage import-driven growth and Dutch disease symptoms.

By country, Saudi Arabia remained the largest source at $873.5 million, up 19% from a year earlier but down 4% from July. The UAE sent $749.8 million, a 17% yearly rise, while UK inflows reached $563.7 million, up 22%. The US contributed $308.9 million, a 16% annual increase, and EU countries sent $496 million, 7% more than in July.