Pakistan’s remittances jump to $3.1 billion in February 2025, representing 55 percent YoY increase.

Karachi (Channel News) Pakistan received a record $3.1 billion in remittances in February 2025, representing a 55 percent year-on-year increase from February 2014.

This increase demonstrates the growing faith of Pakistanis living abroad in the country’s financial system, as well as the efficiency of initiatives that encourage formal remittances.

Saudi Arabia topped the inflows with $744 million, followed by the UAE ($652 million), the United Kingdom ($501 million), the European Union ($340 million), and the United States ($309 million).

Overall, remittances for July-Feb FY25 were $24 billion, a 32% increase over previous year.

Government measures such as the Roshan Digital Account and favorable exchange rate policy have contributed significantly to increased inflows while decreasing reliance on informal transfers.

Experts predict that the remittance surge will boost Pakistan’s foreign exchange reserves, reduce external debt pressures, and improve economic stability.

The ongoing participation of Pakistanis living abroad is critical to maintaining this momentum.