Remittance inflows for H1 2025 are US$17.845 billion.

Overseas Pakistanis are our savior, as Pakistan is facing external debt pressure, and there is very little lending from international lenders and from international banks. Since 2023, no one is willing to lend Pakistan on their terms, and whoever agrees to give will ask for a double-digit interest rate, which will increase debt further, and it will not benefit Pakistan in any term to take that loan due to its lower credit ratings from Fitch and J.P. Morgan. 

But the Pakistan government should be thankful to overseas Pakistanis who managed to send inflows worth USD 17.845 billion dollars (June 2024-December 2024) in the first half of this fiscal year. It is expected that remittance inflows will be around USD 35 billion at the end of this fiscal year. Due to increased remittances inflows, Pakistan has managed to pay off debts without taking extra loans, and it has also helped to reduce the trade deficit and manage the current account deficit to surplus. 

Moreover, remittance inflows are one of the major reasons the Pakistani currency against the dollar is stable, and there are no fluctuations in currency markets like we have seen in the past.