The State Bank of Pakistan (SBP) reported that workers’ remittances stood at US$ 3.5 billion in June 2026, reflecting a modest 2 percent year-on-year increase, while marking an 18.3 percent month-on-month decline.

According to the SBP’s latest data release, cumulative remittances for FY26 reached US$ 41.6 billion, up 8.6 percent from US$ 38.3 billion recorded in FY25 — underscoring the continued resilience of overseas Pakistanis’ contributions to the country’s foreign exchange reserves.

Saudi Arabia remained the leading source of inflows, contributing US$829.6 million, followed by the United Arab Emirates (US$792.2 million), the United Kingdom (US$514.9 million), and the United States (US$296.8 million).

Economists note that while the year-on-year growth signals stability, the month-on-month dip may reflect seasonal factors following Eid-related inflows in May. The SBP continues to emphasize the vital role of remittances in supporting Pakistan’s external account and household income across the country.