Overseas Pakistanis Send Nearly $4 Billion Home in October
Remittances rose 8.5% from September and 14% from a year earlier, with July-October inflows reaching almost $15 billion, according to State Bank data.
Overseas Pakistanis sent nearly $4 billion home in October, according to data from the State Bank of Pakistan (SBP). Remittances rose 8.5% from the previous month and 14% from October last year.
Four-Month Total
Inflows for July to October reached almost $15 billion, up 14% from the same period last year. The continued growth supports Pakistan’s external payment obligations.
Top Source Countries
Saudi Arabia: $980 million, the largest share
UAE: $819 million
United Kingdom: $600 million
United States: $330 million
Projection
Remittances are projected to reach $45 billion by the end of June 2027, according to the report.
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