Pakistan’s workers’ remittances increased by 16.5 per cent year-on-year to $3.656 billion in August 2026, compared with $3.630 billion in July and $3.138 billion in August 2025, according to official data.
Cumulatively, remittance inflows rose 14.7pc during the first two months of the 2026-27 fiscal year, reaching $7.3bn compared with $6.4bn during the same period last year.
Adviser to the Ministry of Finance Khurram Schezad said sustained remittance inflows remained an important source of support for household incomes, foreign exchange liquidity, reserves and the country’s external-sector resilience.
In a post on social media platform X, he said Pakistan received $3.66bn in workers’ remittances in August, taking the July-August total to $7.29bn. He noted that the latest figures built on the record $41.6bn received during fiscal year 2025-26.
The government has set a target of $44bn in remittances for FY27, with the current trend indicating that the country could remain on course to achieve the annual target.
However, Pakistani investors and businesspeople in Gulf countries have expressed concerns that some of the increase could be linked to the repatriation of liquid assets amid prolonged war-related uncertainty in the region.
A Pakistani investor based in Dubai said the conflict had significantly affected economic conditions and investor sentiment across Gulf markets. He said some Pakistani investors were attempting to liquidate assets and transfer funds back to Pakistan amid uncertainty.
Remittances from the United Arab Emirates recorded a significant increase during the first two months of FY27.
In August, inflows from the UAE reached $749.8 million, compared with $642.9m in the same month last year, marking an increase of $106.9m.
Similarly, UAE remittances stood at $737.3m in July, up from $665.3m a year earlier, an increase of $72m. Cumulatively, inflows from the UAE during July-August increased by $178.9m compared with the corresponding period last year.
Saudi Arabia remained the largest source of remittances in August, with inflows reaching $873.5m, compared with $736.7m in August 2025.
Other major sources of remittances during the month included the United Kingdom at $563.7m, European Union countries at $495.9m, the United States at $308.9m and Gulf Cooperation Council countries at $326.7m.
