Remittances surge in Pakistan, signalling economic stability

Remittances surge in Pakistan, signalling economic stability
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Summary Pakistan’s remittances rose significantly to $3.8 billion in March, reflecting increased confidence in the economy, with total inflows expected to exceed $41 billion this fiscal year.

ISLAMABAD (Web Desk) – Pakistan has recorded a significant increase in remittances, a development being viewed as a positive sign for the country’s economy and growing global confidence.

Officials say the rise in inflows from overseas Pakistanis reflects trust in the government’s economic policies and ongoing reforms aimed at stabilising the economy.

According to Adviser to the Finance Minister Khurram Shehzad, remittances reached $3.8 billion in March 2026, marking a 17 per cent increase compared to February.

He added that during the first nine months of the fiscal year 2026, total remittances stood at $30.3 billion, showing an 8 per cent increase on an annual basis.

The government expects total remittances to exceed $41 billion by the end of the current fiscal year, surpassing last year’s figure of $38 billion.

Khurram Shehzad noted that overseas Pakistanis continue to play a vital role in supporting the country’s economic growth and financial stability.

He further said that despite challenging global conditions, remittance inflows have remained stable and are likely to grow further in the coming months.

 

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