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  "path": "/news/2006612/may-sees-highest-ever-monthly-inflow-of-workers-remittances-at-43bn",
  "publishedAt": "2026-06-10T11:49:45.000Z",
  "site": "https://www.dawn.com",
  "tags": [
    "Business",
    "believe"
  ],
  "textContent": "Workers’ remittances were recorded at $4.3 billion in May, registering growth on both a monthly and annual basis, according to data released by the State Bank of Pakistan (SBP) on Wednesday.\n\n> Adviser to the Finance Minister Khurram Schehzad also shared the data on X, stating that Pakistan had recorded its “highest-ever monthly remittance inflow in history”.\n\n> According to the SBP, the inflows increased by 20.2 per cent compared to April and were 15.4pc higher than the amount received in May last year.\n\n“Cumulatively, remittances reached $38.1bn during July-May FY26, up 9.2pc from $34.9bn recorded in the corresponding period of the previous fiscal year,” the SBP said.\n\nIt elaborated that remittances from Saudi Arabia remained the highest in May at $1,025 million, followed by $1,006.6m from the United Arab Emirates (UAE).\n\nRemittances from the United Kingdom stood at $645.5m and those from the US at $349.8m, the central bank said.\n\nSchehzad said in his post that “with one month remaining in FY26, remittances are on track to exceed well beyond $41bn for the first time ever”.\n\nHowever, currency experts believe remittance growth this year is weaker than in FY25. They cite concerns over a “managed” exchange rate, suggesting some inflows may be diverted away from official banking channels.\n\nPakistan is among the top countries receiving large foreign exchange inflows through remittances. While a growing number of jobseekers leaving the country is termed by some economists as brain drain, the government considers it beneficial for the external balance.",
  "title": "May sees 'highest-ever monthly inflow' of workers' remittances at $4.3bn"
}