Pakistan Receives $3.3 Billion in February Remittances, Up Year-on-Year

March 10, 2026 at 7:24 PM
icon-facebook icon-twitter icon-whatsapp

KARACHI: Pakistan received $3.30 billion in workers’ remittances in February 2026, reflecting a slight dip from January but a notable increase compared with February 2025, underscoring the continued support of overseas Pakistanis in bolstering the country’s economy.

The State Bank of Pakistan on Tuesday released the latest data on workers’ remittances, highlighting the continued contributions of overseas Pakistanis in supporting the country’s economy.

According to the central bank, Pakistan received $3.30 billion in remittances in February 2026, marking a 5 per cent decrease from January but showing a 5 per cent increase compared with the same month last year.

In comparison, remittances had stood at $3.50 billion in January 2026 and $3.127 billion in February 2025.

The figures reveal that the United Arab Emirates remained the top source, with overseas Pakistanis sending $696 million in February.

Saudi Arabia followed closely, contributing $685 million, while Pakistanis in the United Kingdom sent $532 million, and those in the United States remitted $319 million.

The central bank also noted that remittances have grown by 10 per cent during the first eight months of the current fiscal year, reaching $26.49 billion, underlining their vital role in Pakistan’s foreign exchange reserves.

Remittance inflows have remained a critical pillar of Pakistan’s economy, providing a steady stream of foreign currency that helps the country navigate global economic challenges and maintain fiscal stability.

Beyond the numbers, these remittances are more than just figures—they represent the hard work and sacrifices of millions of Pakistanis living abroad, who continue to support their families and contribute to the nation’s economic stability.

For many households, these funds provide for daily expenses, education, healthcare, and small businesses, making a tangible difference in the lives of ordinary citizens.

Economists emphasise that such inflows not only help stabilise the country’s currency but also reinforce confidence in Pakistan’s economy, especially amid global financial uncertainties.

The resilience and generosity of overseas Pakistanis remain a lifeline, reflecting their enduring bond with the homeland.

icon-facebook icon-twitter icon-whatsapp