March remittances increase 17pc to USD3.83bn MoM

Inflows of workers’ remittances posted a robust month-on-month growth of around 17 percent in March 2026, as overseas Pakistanis increased transfers ahead of Eidul Fitr. According to the State Bank of Pakistan (SBP), overseas Pakistanis remitted USD 3.83 billion in March 2026, compared to USD 3.28 billion in February 2026, reflecting an increase of USD 550 million. On a cumulative basis, remittances showed steady growth during the ongoing fiscal year (FY26). Inflows rose by 8.2 percent or USD 2.3 billion to reach USD 30.3 billion during July-March FY26, up from USD 28 billion recorded in the corresponding period of the previous fiscal year (FY25). As against the monthly surge, remittance declined by 5 percent on a year-on-year basis, as receipts stood at USD 3.8 billion in March 2026 against USD 4 billion in the same month last year. Country-wise data showed that the largest share of remittances in March 2026 originated from Saudi Arabia, contributing USD 918.4 million, followed by the United Arab Emirates (UAE) with USD 823.7 million. Remittances from the United Kingdom (UK) and the United States (US) stood at USD 587.3 million and USD 359.3 million, respectively.