Remittances from Overseas Pakistanis - Updates

[ghazi52]

Saudi Arabia remained the largest source of remittances, but inflows fell from around $919 million in March to about $842 million in April, a month-on-month decline of 8.4 percent. Since Saudi Arabia is Pakistan’s biggest remittance corridor, even a normal monthly dip has a significant impact on the headline number.

UAE remittances also dropped, from roughly $824–830 million in March to about $735 million in April, a decline of around 11 percent month-on-month. This was one of the biggest corridor-level reasons for the overall monthly decline, and it also feeds into concerns about job losses and deportations from the UAE.

Overall, remittances reached $33.9 billion in 10MFY26, up 8.5 percent year-on-year, continuing to provide a key cushion to Pakistan’s external account despite April’s month-on-month slowdown.

Pakistan continues to carry a high concentration risk, as Saudi Arabia and the UAE dominate inflows.

 

[ghazi52]

Remittances are holding up strongly, but the cushion is concentrated and therefore vulnerable. It would be too early to call the April month-on-month decline a structural collapse.

The coming months will show where remittances are headed, and whether there is any change in the structure of flows.

Monthly inflows may remain elevated as May inflows can show a moderate uptick due to the upcoming Eid ul Azha as families send money back home for sacrificial animals.

 

[Fatman17]

Remittance: no longer a risk-free cushion

While April's remittance dip is largely seasonal, the heavy reliance on GCC countries poses a significant, concentrated risk to Pakistan's external buffer.

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Remittance no longer a risk free

 

[Fatman17]

Remittances expose Gulf dependency | The Express Tribune

Remittances expose Gulf dependency

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Remittances expose Gulf dependency

 

[Fatman17]

IMF highlights ‘Gulf exposure’ as biggest external risk for Pakistan

Notes that a significant disruption to the GCC economies and return of migrant workers could weigh on these flows, a major source of financing for consumption and the balance of payments.

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[Fatman17]

Govt mulls lifting cap on remittances | The Express Tribune

Govt mulls lifting cap on remittances

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[HAIDER]

more remmittances for Pakistan

 

[hydrabadi_arab]

more remmittances for Pakistan

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What is interesting that in 4 months of 2026 49K Pakistanis went to UAE. While in 2025 total was 52k.

This clearly meant UAE restarted giving work visas to Pakistanis on large scale before Iran war.

 

[Fatman17]

Gulf uncertainty may hit remittances

Concerns grow over Pakistani workers in UAE losing jobs.

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[Fatman17]

BUDGET 2026-27: Analysis: Can remittance fairy-tale weather Mideast storm?

Ex-finance minister Hafeez Pasha says foreign inflows could encourage disproportionate investment in real-estate; PIDE sees around a million workers’ livelihoods being affected if conflict prolongs.

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