Workers' remittances hit record $41.6bn in FY26

Pakistan experienced an unprecedented surge in workers' remittances, reaching a record $41.6 billion in the last fiscal year, marking an 8.6% increase from FY25. This milestone, highlighted by the State Bank of Pakistan, underscores the trust and support of Pakistani expatriates. Such substantial inflows are crucial for Pakistan’s economy, bolstering foreign reserves and supporting local currency stability, which is vital for economic recovery and growth.