ISLAMABAD: Prime Minister Shehbaz Sharif has praised overseas Pakistanis after the country received a record $41.6 billion in remittances during the fiscal year 2025-26, describing expatriates as one of Pakistan’s greatest national assets.
The milestone marks an 8.6% increase over the previous fiscal year and reflects growing confidence in the government's economic policies, according to the prime minister.
In an official statement issued on Thursday, PM Shehbaz said the remarkable rise in remittances demonstrated the trust overseas Pakistanis have placed in the government’s efforts to stabilize the economy. He said the entire nation was proud of the Pakistani diaspora for their continued financial support and commitment to the country’s development.
The prime minister also reaffirmed that the welfare of overseas Pakistanis remains among the government's top priorities. He said various initiatives are being introduced to facilitate expatriates and recognize their contribution to Pakistan’s economic growth.
Adviser to the Finance Minister Khurram Schehzad also welcomed the achievement, calling it the highest annual remittance inflow in Pakistan’s history. He revealed that June 2026 alone contributed around $3.5 billion, helping the country achieve the record annual total.
Schehzad stated that the sustained increase in remittances highlights the confidence of overseas Pakistanis while strengthening Pakistan’s external sector, foreign exchange reserves, and overall macroeconomic stability. He noted that remittance inflows have maintained an upward trend over the past four fiscal years, increasing by 11% in FY2024, 26% in FY2025, and 9% in FY2026.
According to official figures, Pakistan received $27.3 billion in remittances during FY2023, $30.3 billion in FY2024, $38.3 billion in FY2025, and a record $41.6 billion in FY2026.
Economists believe strong remittance inflows remain a vital pillar of Pakistan’s economy, supporting household incomes, improving the balance of payments, and easing pressure on foreign exchange reserves. The steady growth also provides greater resilience against external economic challenges, including debt repayments, import financing, and current account pressures.
The record-breaking remittance performance is expected to strengthen investor confidence and support Pakistan’s ongoing economic recovery as the government continues reforms aimed at achieving sustainable growth.
