- Shipments of funds reach $ 28 billion in 9MFY25.
- March entries jump 30% per month.
- The United Kingdom and the United States show strong growth in funding.
Karachi: Pakistan workers’ shipments reached a record of $ 4.1 billion in March 2025 – The monthly entries for the first time crossed the $ 4 billion mark, Pakistan’s State Bank (SBP) said on Monday.
This historic influx represents an increase of 37.3% in annual shift compared to March 2024 and an increase of 29.8% per month compared to February 2025. This is the highest level of monthly discounts never recorded in the history of the country.
According to Mustafa Mustansir, director of research and commercial development at Taurus Securities Limited, overvoltage was helped by seasonal entries during Ramadan and Eid.
“Apart from this, funding has also acquired due to the best economic health of the sending countries, in the midst of a drop in internal inflation and an increase in real income. In addition, the number of workers abroad registered can also be increasing,” he said to Geo.tv.
Prime Minister Shehbaz Sharif also expressed his pleasure as a sending of foreign funds sent by the Pakistanis abroad in a month has crossed the $ 4 billion mark for the first time in the history of the country, which reflects their trust in government policies.
The Prime Minister, in a statement, also thanked the Pakistani expatriates for sending a record of $ 4.1 billion in March of this year, bringing the volume of foreign funds for the current financial year to $ 28 billion.
He said that an increase of 37.4% of the sending of foreign funds had been recorded compared to March of last year.
He said that the announcement of a record increase in sending funds during the Pakistani convention abroad abroad to Islamabad reflected the dedication, passion and confidence of Pakistani abroad in the country’s economy and government policies.
Cumulatively, workers returned $ 28 billion in the first nine months of the current financial year (Jul-Mar-Mar Fy5), reflecting a substantial increase of 33.2% compared to the $ 21.0 billion received during the corresponding period of 24.
Record entries in March were mainly motivated by shipping from Saudi Arabia ($ 987.3 million), the United Arab Emirates ($ 842.1 million), the United Kingdom ($ 683.9 million) and the United States ($ 419.5 million).
These four countries represented nearly 72% of total entrances during the month.
Among the CCG countries, water has shown exceptional growth, with shipments of funds increasing by 54% in annual sliding, largely supported by the entries of Dubai ($ 665.2 million) and Abu Dhabi (151.1 million dollars), up 54% and 35%, respectively.
Saudi Arabia remained the largest contributor, with an increase of 35% in annual shift in March. Meanwhile, the United Kingdom has increased an increase of 48% and the United States had a gain of 12% compared to the same month of last year.
Other notable contributions come from the EU countries ($ 426.7 million, up 38% in annual shift), Germany and Italy registering strong increases of 34% and 30%, respectively. Australia and Malaysia also displayed solid growth in annual sliding of 43% and 10%.