• 9MFY25 remittances rise to $28bn.
• March inflows up 30pc month-on-month.
• UK and US also posted strong growth.

KARACHI: Pakistan’s workers’ remittances surged to an all-time high of $4.1 billion in March 2025, marking the first time that monthly inflows have crossed the $4 billion milestone, the State Bank of Pakistan (SBP) said on Monday.

This historic inflow represents a 37.3% year-on-year increase from March 2024 and a 29.8% month-on-month rise compared to February 2025. It is the highest level of monthly remittances ever recorded in the country’s history.

According to Mustafa Mustansir, Director of Research and Business Development at Taurus Securities Limited, the surge was aided by seasonal inflows during Ramadan and Eid.

“Apart from that, remittances have also picked up due to the better economic health of the sending countries, amid falling domestic inflation and increase in real incomes.