Overseas Pakistanis Remittances Hit Record $38.3 Billion in FY2024-25
Pakistan received a record-breaking $38.3 billion in overseas Pakistanis remittances during the fiscal year 2024-25, according to the State Bank of Pakistan. This marks a 27 percent increase from the previous year, when the country received $30.3 billion.
In June 2025 alone, remittances stood at $3.4 billion. This was 8 percent higher than the same month last year, though slightly lower than the $3.7 billion received in May 2025.
Steady Growth in Overseas Pakistanis Remittances
Topline Securities confirmed that FY2024-25 marked the highest-ever remittance inflow in Pakistan’s history. The increase reflects the continued trust and commitment of overseas Pakistanis in supporting their homeland’s economy.
These remittances are a key part of Pakistan’s economic structure and help maintain foreign exchange reserves, manage imports, and reduce pressure on the balance of payments.
Importance of Overseas Pakistanis Remittances
The strong flow of overseas Pakistanis remittances supports:
Pakistan’s foreign currency reserves
The national current account balance
Household income for millions of families
Investment in health, education, and housing
Poverty reduction and local economic activity
The consistent use of official banking channels also shows that more people are shifting away from informal transfer systems, ensuring safer and more traceable transactions.
Government Encouragement and Economic Impact
Government policies have played a role in encouraging remittances through secure and legal channels. Better digital platforms and incentives for overseas Pakistanis have helped increase remittance volumes.
The funds sent home not only support families but also contribute to overall national development and economic resilience during difficult times.
Conclusion
The record $38.3 billion in overseas Pakistanis remittances during FY2024-25 is a clear sign of the diaspora’s trust in Pakistan’s economy. It also highlights the critical role these inflows play in stabilizing and growing the country’s financial health.
As the government works to improve the business environment, continued support from overseas Pakistanis remains a vital part of the national economy.
