Summary
- ISLAMABAD/KARACHI: Remittances from overseas Pakistanis have provided significant support to the country’s economy, with inflows reaching $3.9 billion in October 2026, helping the government manage external financial pressures amid rising international oil prices.
- According to the latest figures released by the State Bank of Pakistan (SBP) on Tuesday, remittances increased by 13.8 per cent compared with October last year.
- The October inflows also registered an 8.5 per cent increase compared with September 2026, reflecting continued growth in financial transfers from Pakistanis living abroad.
AI Generated Summary
ISLAMABAD/KARACHI: Remittances from overseas Pakistanis have provided significant support to the country’s economy, with inflows reaching $3.9 billion in October 2026, helping the government manage external financial pressures amid rising international oil prices.
According to the latest figures released by the State Bank of Pakistan (SBP) on Tuesday, remittances increased by 13.8 per cent compared with October last year. The October inflows also registered an 8.5 per cent increase compared with September 2026, reflecting continued growth in financial transfers from Pakistanis living abroad.
The latest monthly figures are part of a broader upward trend in overseas remittances. During the first four months of the current fiscal year, from July to October FY27, Pakistan received approximately $14.8 billion from its overseas workforce. This represents a 14 per cent increase compared with the $13 billion recorded during the corresponding period last year.
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