For the first time in Pakistan’s history, remittances have crossed the $4 billion mark in a single month.

According to the State Bank of Pakistan (SBP), the country received an impressive $4.1 billion in remittances in March 2025, reflecting a substantial year-on-year growth of 37.3%.

The surge has also boosted the cumulative figure for the ongoing fiscal year.

Over the first nine months of FY2024–25, total remittances have reached $28 billion, significantly higher than the $21 billion received during the same period last fiscal year.

The SBP noted that the highest inflows in March came from Saudi Arabia, amounting to $987.3 million.

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The United Arab Emirates contributed $842 million, while $683 million were sent from the United Kingdom.

The record-breaking numbers are seen as a positive sign for Pakistan’s economy, offering critical support to the country’s foreign exchange reserves.