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    <title>Aaj TV English News - Business &amp; Economy</title>
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    <language>en-Us</language>
    <copyright>Copyright 2026</copyright>
    <pubDate>Wed, 08 Apr 2026 20:27:59 +0500</pubDate>
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      <title>Remittances reach record $38.3 billion in FY2025</title>
      <link>https://english.aaj.tv/news/330423393/remittances-reach-record-383-billion-in-fy2025</link>
      <description>&lt;p&gt;&lt;strong&gt;The State Bank of Pakistan (SBP) on Wednesday released the final remittance figures for the fiscal year 2025, reporting a substantial rise in inflows from overseas Pakistanis.&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;In June 2025 alone, remittances amounted to $3.4 billion, marking a 7.9% increase compared to the same period last year.&lt;/p&gt;
&lt;p&gt;According to the central bank, the total remittances received during FY2025 reached $38.3 billion — a significant rise of over $8 billion from FY2024’s figure of $30.3 billion.&lt;/p&gt;
&lt;p&gt;Country-wise data shows that Saudi Arabia remained the leading contributor, with Pakistani expatriates sending home $823 million.&lt;/p&gt;
&lt;p&gt;The Gulf nation continues to top the list due to its large Pakistani workforce.&lt;/p&gt;
&lt;p&gt;Experts attribute the increase in remittances to growing trust among overseas Pakistanis, a push toward legal money transfer channels, and recent government initiatives aimed at facilitating smoother and more secure financial transfers.&lt;/p&gt;
&lt;p&gt;The surge in remittance inflows is expected to provide critical support to Pakistan’s foreign exchange reserves and offer some relief to the country’s economic challenges.&lt;/p&gt;
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      <content:encoded xmlns="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p><strong>The State Bank of Pakistan (SBP) on Wednesday released the final remittance figures for the fiscal year 2025, reporting a substantial rise in inflows from overseas Pakistanis.</strong></p>
<p>In June 2025 alone, remittances amounted to $3.4 billion, marking a 7.9% increase compared to the same period last year.</p>
<p>According to the central bank, the total remittances received during FY2025 reached $38.3 billion — a significant rise of over $8 billion from FY2024’s figure of $30.3 billion.</p>
<p>Country-wise data shows that Saudi Arabia remained the leading contributor, with Pakistani expatriates sending home $823 million.</p>
<p>The Gulf nation continues to top the list due to its large Pakistani workforce.</p>
<p>Experts attribute the increase in remittances to growing trust among overseas Pakistanis, a push toward legal money transfer channels, and recent government initiatives aimed at facilitating smoother and more secure financial transfers.</p>
<p>The surge in remittance inflows is expected to provide critical support to Pakistan’s foreign exchange reserves and offer some relief to the country’s economic challenges.</p>
]]></content:encoded>
      <category>Business &amp; Economy</category>
      <guid>https://english.aaj.tv/news/330423393</guid>
      <pubDate>Wed, 09 Jul 2025 13:36:42 +0500</pubDate>
      <author>none@none.com (Syed Safdar Abbas)</author>
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