Remittances cross record $4 billion mark

By Ali Imran

ISLAMABAD: State Bank of Pakistan (SBP) on Monday said Pakistan received a record $4.1 billion in workers’ remittances in March 2025, a significant boost to the country’s external account.
According to the remittances data released by SBP for the month of March 2025, for the first time ever, Pakistan received over $4 billion threshold.
Remittances for March 2025 amounted to $4.1 billion, marking a significant milestone. Compared to March of the previous fiscal year, remittances have surged by 37.3 percent, while on a month-on-month basis, remittances rose by 29.8 percent compared to February 2025.
During the first nine months of the current fiscal year (July to March), remittances have increased by 33.2 percent, reaching a total of $28 billion.
In comparison, remittances stood at $21 billion during the same period of the last fiscal year.
The SBP further reported that the highest inflows came from Saudi Arabia, amounting to $987.3 million, followed by the UAE with $842.1 million, the United Kingdom with $683.9 million, and the United States with $419.5 million in March 2025.