Saudi Arabia remains top contributor as Pakistan remittances increase 3.1 percent month-on-month

A Pakistani dealer counts US dollars at a currency exchange shop in Karachi on November 30, 2018. (AFP/File)
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Updated 11 September 2023
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Saudi Arabia remains top contributor as Pakistan remittances increase 3.1 percent month-on-month

  • $2.1 billion in remittances sent by Pakistanis working abroad in August this year
  • $490.1 million received from Saudi Arabia, $331.3 million from UK, $308 million from UAE

KARACHI: Pakistan’s remittances increased by 3.1 percent in August on a month-on-month basis, the central bank said on Monday, with Saudi Arabia remaining the largest contributor.

The South Asian country recorded $2.1 billion in remittances sent by Pakistanis working abroad in August this year, according to the State Bank of Pakistan (SBP).

“Remittances inflows during Aug 2023 were mainly sourced from Saudi Arabia ($490.1 million), United Kingdom ($331.3 million), United Arab Emirates ($308.0 million) and United States of America ($262.4 million),” the central bank said.

“Workers’ remittances inflow of $ 4.1 billion has been recorded during Jul-Aug FY24 on a cumulative basis.”

Pakistan and Saudi Arabia have deep cultural, defense and economic ties and the Kingdom is home to over two million Pakistanis and for years has remained the largest contributor to remittance inflows.


Pakistan to send over 10,000 workers to Italy over three years after securing employment quota

Updated 27 December 2025
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Pakistan to send over 10,000 workers to Italy over three years after securing employment quota

  • Government says Italy will admit 3,500 workers annually under seasonal and non-seasonal labor schemes
  • It calls the deal a 'milestone' as Italy becomes the first European country to allocate job quota for Pakistan

ISLAMABAD: Pakistan has secured a quota of 10,500 jobs from Italy over the next three years, an official statement said on Saturday, opening legal employment pathways for Pakistani workers in Europe under Italy’s seasonal and non-seasonal labor programs.

Under the arrangement, 3,500 Pakistani workers will be employed in Italy each year, including 1,500 seasonal workers hired for time-bound roles, and 2,000 non-seasonal workers for longer-term employment across sectors.

The Ministry of Overseas Pakistanis and Human Resource Development said Italy is the first European country to allocate a dedicated labor quota to Pakistan, describing the move as a milestone in Pakistan’s efforts to expand overseas employment opportunities beyond traditional labor markets in the Middle East.

“After prolonged efforts, doors to employment for the Pakistani workforce in Italy are about to open,” Federal Minister for Overseas Pakistanis Chaudhry Salik Hussain said, calling the quota allocation a “historic milestone.”

The jobs will be available across multiple sectors, including shipbreaking, hospitality, healthcare and agriculture, with opportunities for skilled and semi-skilled workers in professions such as welding, technical trades, food services, housekeeping, nursing, medical technology and farming.

The agreement comes as Pakistan seeks to diversify overseas employment destinations for its workforce and increase remittance inflows, which remain a key source of foreign exchange for the country’s economy.

The ministry said a second meeting of the Pakistan-Italy Joint Working Group on labor cooperation is scheduled to be held in Islamabad in February 2026, where implementation and future cooperation are expected to be discussed.