Pakistan recorded its highest-ever annual inflow of workers’ remittances, receiving $41.59 billion during fiscal year 2025-26, according to figures released by the State Bank of Pakistan (SBP). The amount represents an increase of 8.6 per cent compared with the $38.30 billion received in FY2024-25. The record inflows provided significant support to Pakistan’s external accounts amid…
ISLAMABAD: Pakistan is entering the final year of its $7 billion, 37-month Extended Fund Facility with the International Monetary Fund (IMF), bringing the country to an important economic crossroads. The key question is no longer simply whether Pakistan can complete another IMF programme, but whether it can strengthen its economy enough to avoid repeatedly seeking…
Pakistan’s current account deficit narrowed significantly to $98 million in August, providing some relief to the country’s external account despite continued pressure from higher oil prices and a widening trade deficit. According to data released by the State Bank of Pakistan (SBP), the current account deficit stood at $98 million in August, compared with $342…
Pakistan’s remittances have approached the $34 billion mark during the first 10 months of the fiscal year 2026, highlighting the critical role overseas workers play in supporting the country’s economy. According to data from the State Bank of Pakistan, total remittance inflows reached $33.86 billion, reflecting an 8.5% year-on-year increase. In April 2026 alone, remittances…
Pakistan’s workers’ remittances recorded a 5% year-on-year decline in March 2026, according to data released by the State Bank of Pakistan, highlighting emerging external risks despite overall resilience. Remittances stood at $3.83 billion in March, compared to $4.05 billion in the same month last year. However, inflows increased by 17% on a month-on-month basis, largely…
