{"id":3158,"date":"2026-06-10T08:02:42","date_gmt":"2026-06-10T08:02:42","guid":{"rendered":"https:\/\/paksouch.com\/?p=3158"},"modified":"2026-06-10T08:02:42","modified_gmt":"2026-06-10T08:02:42","slug":"overseas-pakistanis-send-4-25-billion-in-remittances-during-may","status":"publish","type":"post","link":"https:\/\/paksouch.com\/?p=3158","title":{"rendered":"Overseas Pakistanis Send $4.25 Billion in Remittances During May"},"content":{"rendered":"\n

KARACHI:<\/strong> Pakistan recorded another strong performance in workers\u2019 remittances as overseas Pakistanis sent $4.25 billion<\/strong> to the country during the month of May<\/strong>, providing further support to foreign exchange reserves and the national economy.<\/p>\n\n\n\n

The figures were shared by Khurram Shehzad<\/strong>, Adviser to the Prime Minister on Finance, who highlighted the continued growth in remittance inflows throughout the current fiscal year.<\/p>\n\n\n\n

Remittances Continue Upward Trend<\/h2>\n\n\n\n

According to Khurram Shehzad, remittances received during May reached $4.25 billion<\/strong>, reflecting the important contribution of overseas Pakistanis to the country’s economy.<\/p>\n\n\n\n

Workers’ remittances remain one of Pakistan\u2019s most significant sources of foreign exchange, helping support external accounts, strengthen reserves, and provide financial assistance to millions of households.<\/p>\n\n\n\n

July\u2013May Remittances Reach $38.1 Billion<\/h2>\n\n\n\n

The finance adviser stated that total remittance inflows during the period from July to May<\/strong> increased by 9 percent<\/strong>, reaching $38.1 billion<\/strong>.<\/p>\n\n\n\n

The growth demonstrates sustained confidence among overseas Pakistanis and highlights the effectiveness of measures aimed at facilitating formal banking channels for money transfers.<\/p>\n\n\n\n

Key Figures<\/h3>\n\n\n\n
Period<\/th>Remittances<\/th><\/tr><\/thead>
May 2026<\/td>$4.25 billion<\/strong><\/td><\/tr>
July\u2013May FY2025-26<\/td>$38.1 billion<\/strong><\/td><\/tr>
Growth Rate<\/td>9% increase<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Fiscal Year Target Within Reach<\/h2>\n\n\n\n

Khurram Shehzad expressed optimism that remittance inflows would continue their positive momentum through the end of the fiscal year.<\/p>\n\n\n\n

According to his projections, total remittances could reach approximately $41 billion<\/strong> by the close of the current fiscal year, setting a new milestone for Pakistan.<\/p>\n\n\n\n

If achieved, the figure would represent one of the highest annual remittance totals in the country’s history.<\/p>\n\n\n\n

Importance for the Economy<\/h2>\n\n\n\n

Economists consider remittances a crucial pillar of Pakistan’s economy because they:<\/p>\n\n\n\n