Pakistan Gets Record $4.1 Billion in Remittances This March
Islamabad – April 2025
Pakistan just saw its biggest-ever remittance inflow in a single month. In March 2025, overseas Pakistanis sent home $4.1 billion, crossing the $4 billion mark for the first time ever, according to the State Bank.
That’s a 37% jump from last year’s March number, and almost 30% more than what came in February. A huge spike that’s getting a lot of attention.
Why the Sudden Boost?
There are a few reasons why this happened:
- Ramadan and Eid were around the corner. It’s a common time for people abroad to send extra cash to their families.
- Economies are picking up in key countries like Saudi Arabia, UAE, the UK, and the US — where most of these remittances come from.
- The exchange rate stayed steady, and the government made it easier and more rewarding to send money through official banking channels.
How It’s Looking This Year
Since July 2024 (start of the current fiscal year), total remittances have reached $28 billion — up more than 33% from the same period last year. That’s a big deal for Pakistan’s foreign reserves and economic stability.
Why It Matters
This isn’t just about big numbers. Families across Pakistan rely on money sent from abroad to handle everyday needs — groceries, school fees, rent, healthcare. It also helps the government manage its current account and avoid more borrowing.
What to Expect Going Forward
If things stay on track, 2025 might turn out to be a record year overall. With digital banking making it easier to send money and the government pushing for more formal remittance channels, the numbers could keep going up.
