Overview
- The State Bank of Pakistan reported Friday that workers’ remittances were about $3.59–3.60 billion in September, a 12.7% rise from a year earlier and a 1.9% drop from August.
- Cumulative inflows for July–September reached roughly $10.9 billion, up about 14.7% from the same quarter a year ago and keeping the quarter above a $3.5 billion monthly pace.
- Saudi Arabia was the single largest source in September at roughly $899 million, and Gulf corridors together supplied about 55% of total remittances with Saudi and the UAE alone accounting for about 46%.
- Analysts now expect strong full‑year receipts, with Topline Securities projecting roughly $44.7 billion for FY27, a figure that is shaping forecasts for reserves and the exchange rate.
- For households and policymakers the flows matter directly because they support incomes, reduce pressure on the current account, and could lessen near‑term pressure on the currency if the monthly pace holds.