Karachi:
Pakistan received $ 3.21 billion in workers of workers in July 2025, reflecting an increase of 7.4% year -on -year of $ 2.99 billion in July 2024, thanks to more than 2 million economic migrants who sought employment abroad due to their disappointment with the political and economic situation of the country.
Tickets also showed a substantial increase of 47.6% compared to July 2023, highlighting a strong rebound in transfers of workers abroad in the last two years, according to provisional data published by the State Bank of Pakistan (SBP).
The growth was mainly driven by higher entries from Saudi Arabia, the United Kingdom, the United Arab Emirates (EAU) and the European Union (EU). However, despite the general improvement, the data reveals notable decreases in several important remittance runners, indicating emerging vulnerabilities for the external account of Pakistan.
The Gulf Cooperation Council (GCC) region continued to be the largest source of Pakistan remittances. Saudi Arabia headed the list with $ 823.7 million in July, 8.4% year -on -year of $ 760.1 million. The EAU continued with $ 665.2 million, increasing 8.8% year -on -year, with Abu Dhabi’s tickets in 37%. However, Dubai registered a 3.1%decrease, falling to $ 456.8 million of $ 471.6 million a year earlier. Other CCG countries contributed $ 296 million, a modest increase of 2.6%. Within this group, Oman increased 7.1%, while Kuwait registered a 11.1% drop to $ 62.5 million. These figures underline the continuous domain of the GCC in the Pakistan remittance profile, but also highlight intragional volatility.
The United Kingdom sent $ 450.4 million in July, a bit 1.6% year -on -year. The European Union contributed collectively $ 424.4 million, 21% more, with notable profits from Italy (+23.6% to $ 130 million), Spain (+35.7% to $ 72.7 million) and Ireland (+48% at $ 19.4 million).
Not all regions shared in growth. Several sources of important remittances saw two -digit decreases. The United States fell 10.2% year -on -year at $ 269.6 million of $ 300.1 million. Malaysia fell 17% to $ 13.4 million. Japan decreased 7.5% to $ 4.5 million, while South Korea fell 9.7% to $ 9 million. Kuwait also registered a 11.1% drop at $ 62.5 million. These drops refer to Pakistan’s dependence on a handful of large remittance corridors.
Although the general numbers of July are encouraging, the data exposes several structural challenges for Pakistan remittance entries. The country continues to depend largely on some markets, with Saudi Arabia, the United Arab Emirates, the United Kingdom and only the United States that represent more than two thirds of the total tickets. Any economic recession, policy change or job shock in these countries could severely affect Pakistan remittances. Intragional divergence within the CCG, such as Dubai’s decline along with the increase of Abu Dhabi, shows how labor demand and profits can vary widely even within the same region. The 10% drop in the US. It is particularly significant given their state as the fourth largest source, potentially linked to the increase in life costs for migrants, changes in labor markets or greater use of informal channels. The weakness in Oriental Asia, particularly Japan, South Korea and Malaysia, can reflect the stagnation or loss of competitiveness of Pakistani labor in these markets, possibly due to the competence of other migrant countries. In addition, the CCG remittance force is often linked to oil income and related employment; Any sustained fall in crude oil prices or tightening of labor laws in the Gulf could cushion tickets.
Economists say that while the annual growth of 7.4% in July is a positive signal, Pakistan must work to diversify their remittance base. Trusting so much in some countries is risky. The government needs to invest in the improvement of workers to protect and improve this vital currency source. The monthly SBP breakdown also shows that July entries were above the monthly average of fiscal year 26 of $ 3.19 billion, which suggests a strong start for the fiscal year.
Pakistan registered his higher July workers entry at $ 3.21 billion, according to Arif Habib Limited. The historical figure also reflects a strong recovery of the fall witnessed in fiscal year 23, since the Pakistani abroad sent more funds through formal channels, backed by stable change rates, seasonal entries related to EID and a better banking facilitation.
