{"id":1122,"date":"2025-10-10T17:47:00","date_gmt":"2025-10-10T17:47:00","guid":{"rendered":"https:\/\/dailysadaepakistan.com\/English\/?p=1122"},"modified":"2025-10-10T17:47:00","modified_gmt":"2025-10-10T17:47:00","slug":"overseas-pakistanis-send-record-3-2bn-in-a-month-sbp-2","status":"publish","type":"post","link":"https:\/\/dailysadaepakistan.com\/English\/?p=1122","title":{"rendered":"Overseas Pakistanis send record $3.2bn in a month. SBP"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Overseas Pakistanis sent home a record $3.2 billion in remittances during the month of September, according to data released by the State Bank of Pakistan (SBP).<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The inflows mark a significant boost for the country\u2019s economy, providing much-needed support to Pakistan\u2019s foreign exchange reserves amid ongoing economic challenges.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The State Bank of Pakistan reported that in the first quarter of the current fiscal year, spanning July to September, remittances totaled $9.5 billion. This represents an 8.5% year-on-year increase, reflecting the continued commitment of overseas Pakistanis to support their families back home.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to the SBP, remittances in September alone grew 11% compared to the same month last year, highlighting strong performance across all major sending countries.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Pakistanis living in Saudi Arabia contributed the largest share, sending home $750 million in September. The United Arab Emirates (UAE) ranked second, with $680 million in remittances.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">From the United Kingdom, remittances reached $450 million, while Pakistanis in the United States sent $270 million during the same period.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">These four countries \u2014 Saudi Arabia, UAE, the UK, and the US \u2014 continue to be the primary sources of remittance inflows, together accounting for a major portion of Pakistan\u2019s foreign income.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Economists view the steady increase in remittance inflows as a positive sign for Pakistan\u2019s external account stability. With a growth rate of 11% year-on-year in September and 8.5% in the quarter, the data signals consistent financial support from Pakistanis abroad, even amid global economic uncertainty<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Overseas Pakistanis sent home a record $3.2 billion in remittances during the month of September, according to data released by the State Bank of Pakistan (SBP). The inflows mark a significant boost for the country\u2019s economy, providing much-needed support to Pakistan\u2019s foreign exchange reserves amid ongoing economic challenges. The State Bank of Pakistan reported that [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1123,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","footnotes":""},"categories":[7],"tags":[],"class_list":["post-1122","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/dailysadaepakistan.com\/English\/index.php?rest_route=\/wp\/v2\/posts\/1122","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailysadaepakistan.com\/English\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailysadaepakistan.com\/English\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailysadaepakistan.com\/English\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailysadaepakistan.com\/English\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1122"}],"version-history":[{"count":1,"href":"https:\/\/dailysadaepakistan.com\/English\/index.php?rest_route=\/wp\/v2\/posts\/1122\/revisions"}],"predecessor-version":[{"id":1124,"href":"https:\/\/dailysadaepakistan.com\/English\/index.php?rest_route=\/wp\/v2\/posts\/1122\/revisions\/1124"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailysadaepakistan.com\/English\/index.php?rest_route=\/wp\/v2\/media\/1123"}],"wp:attachment":[{"href":"https:\/\/dailysadaepakistan.com\/English\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1122"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailysadaepakistan.com\/English\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1122"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailysadaepakistan.com\/English\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}