Overseas Pakistanis sent home $3.89 billion in October 2026, the State Bank of Pakistan (SBP) said on Tuesday, November 10, 2026 — a rise of 13.8 per cent from the same month last year and the latest sign of the steady flow of money supporting Pakistan’s economy.
What happened?
The central bank released its monthly remittance data on Tuesday, showing inflows of $3.89 billion in October, up from $3.42 billion in October 2025 and $3.59 billion in September 2026. In the first four months of the current fiscal year, from July to October, overseas Pakistanis sent a total of $14.8 billion — 14 per cent more than the $13 billion received in the same period last year.
Key details
- Workers’ remittances totalled $3.89 billion in October 2026, up 13.8% year on year.
- Inflows rose 8.5% month on month, from $3.59 billion in September.
- Cumulative remittances for July–October FY27 reached $14.8 billion, up 14% from $13 billion a year earlier.
- Saudi Arabia was the largest source in October, contributing $981.6 million.
- The United Arab Emirates sent $815.93 million, the United Kingdom $592.22 million and the United States $328.93 million.
- The SBP has raised its full-year remittance forecast for FY27 to $45 billion, up from an earlier estimate of $44 billion, Governor Jameel Ahmed said at last month’s monetary policy press conference.
What it means for people in Pakistan
Remittances are one of Pakistan’s most important sources of foreign exchange, helping pay for imports, supporting the rupee and supplementing the incomes of millions of households that depend on money sent by family members working abroad. Stronger inflows give the central bank more room to manage the external account and build foreign exchange reserves.
Source: https://www.brecorder.com/news/40448227/pakistan-records-39bn-in-remittances-for-october-2026
