Pakistan's remittances surge to $3.1bn in Feb 2025, marking 55pc YoY growth
Business
Reaches record $3.1bn in February 2025
KARACHI (Dunya News) – Pakistan has received a record $3.1 billion in remittances in February 2025, making an impressive 55 percent year-on-year growth compared to February 2014.
This surge highlights the increasing trust of overseas Pakistanis in the country’s financial system and the effectiveness of policies promoting formal remittances channels.
Saudi Arab led the inflows with $744 million, followed by the UAE $652 million, the UK $501 million, the EU $340 million and the US $309 million.
Read also: Workers' remittances increase by 33.6pc in five months
Cumulatively, the remittances for July-Feb FY25 reached $24 billion, reflecting a 32 percent increase from last year.
The government initiatives like Roshan Digital Account and favourable exchange rate policies have played a key role in boosting inflows while reducing reliance on informal transfers.
Experts believe this remittance boom will strengthen Pakistan’s foreign exchange reserves, ease external debt pressures, and enhance economic stability.
The continued engagement of overseas Pakistanis remains crucial for sustaining this momentum.
