In a recent report by SBP, workers’ remittances for March 2026 totalled an impressive US$3.8 billion, reflecting a month-on-month growth of 16.5%. However, on a year-on-year basis, there was a 5.5% decline.

Throughout the fiscal year from July to March FY26, cumulative remittances rose by 8.2%, to US$30.3 billion, up from US$28.0 billion during the same period last year. This increase highlights a positive trend in remittance flows, which are crucial for the economy.

The primary sources of remittances for March 2026 were Saudi Arabia, with US$918.4 million, and the United Arab Emirates, with US$823.7 million. The United Kingdom and the United States of America also played significant roles, with remittances of US$587.3 million and US$359.3 million, respectively.

These figures emphasise the ongoing importance of remittances to the economy, reflecting the steadfast support from overseas workers.