Saudi Arabia leads remittances as inflows rise 11.9% to $3.4 billion in October

A dealer counts US dollars at a money exchange market in Karachi on March 2, 2023. (AFP/File)
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Updated 07 November 2025
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Saudi Arabia leads remittances as inflows rise 11.9% to $3.4 billion in October

  • Prime Minister Shehbaz Sharif applauds overseas Pakistanis as the country’s ‘valuable assets’
  • Remittances are Pakistan’s key source of external finance and help narrow current account gaps

KARACHI: Remittances from overseas Pakistanis rose by 11.9 percent month-on-month in October 2025 to $3.42 billion, led by inflows from Saudi Arabia, according to central bank data released on Friday, prompting Prime Minister Shehbaz Sharif to thank expatriates for their contribution to the country’s economy.

Remittances are a key pillar of Pakistan’s external finances, providing hard currency that supports household consumption, helps narrow the current-account gap and bolsters foreign-exchange reserves.

The steady pipeline from Gulf economies, led by Saudi Arabia and the United Arab Emirates, has remained crucial for Pakistan’s balance of payments.

“The steady increase in remittances reflects overseas Pakistanis’ confidence in the government’s policies,” the Prime Minister’s Office quoted Sharif as saying. “Our compatriots abroad continue to serve the nation with their hard-earned income,” he added, describing them as the country’s “most valuable asset.”

According to the State Bank of Pakistan (SBP), inflows from Saudi Arabia reached $820.9 million in October, followed by the United Arab Emirates at $697.7 million, the United Kingdom at $487.7 million and the United States at $290.0 million.

Cumulative remittances for the first four months of the fiscal year 2025-26 (July–October) stood at $12.96 billion, up 9.3 percent from the same period a year earlier.

The Middle East accounted for the bulk of these inflows, with Saudi Arabia contributing $3.13 billion and the UAE $2.68 billion.

Remittances have consistently been a bright spot for Pakistan’s fragile economy amid times of high inflation and low foreign currency reserves.

The country’s macroeconomic indicators have shown substantial improvement under the International Monetary Fund’s $7 billion loan program, with the government seeking to create more overseas employment opportunities for Pakistanis to further strengthen these inflows.


Tens of thousands flee northwest Pakistan over fears of military operation

Updated 28 January 2026
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Tens of thousands flee northwest Pakistan over fears of military operation

  • More than 70,000 people, mostly women and children, have fled remote Tirah region bordering Afghanistan 
  • Government says no military operation underway or planned in Tirah, a town in Khyber Pakhtunkhwa province

BARA, Pakistan: More than 70,000 people, mostly women and children, have fled a remote region in northwestern Pakistan bordering Afghanistan over uncertainty of a military operation against the Pakistani Taliban, residents and officials said Tuesday.

Pakistan’s Defense Minister Khawaja Mohammad Asif has denied the claim by residents and provincial authorities. He said no military operation was underway or planned in Tirah, a town in Khyber Pakhtunkhwa province.

Speaking at a news conference in Islamabad, he said harsh weather, rather than military action, was driving the migration. His comments came weeks after residents started fleeing Tirah over fears of a possible army operation.

The exodus began a month after mosque loudspeakers urged residents to leave Tirah by Jan. 23 to avoid potential fighting. Last August, Pakistan launched a military operation against Pakistani Taliban in the Bajau r district in the northwest, displacing hundreds of thousands of people.

Shafi Jan, a spokesman for the provincial government in Khyber Pakhtunkhwa, posted on X that he held the federal government responsible for the ordeal of the displaced people, saying authorities in Islamabad were retracting their earlier position about the military operation.

Khyber Pakhtunkhwa Chief Minister Suhail Afridi, whose party is led by imprisoned former Prime Minister Imran Khan, has criticized the military and said his government will not allow troops to launch a full-scale operation in Tirah.

The military says it will continue intelligence-based operations against Pakistani Taliban, who are known as Tehrik-e-Taliban Pakistan, or TTP. Though a separate group, it has been emboldened since the Afghan

Taliban returned to power in 2021. Authorities say many TTP leaders and fighters have found sanctuary in Afghanistan and that hundreds of them have crossed into Tirah, often using residents as human shields when militant hideouts are raided.

Caught in the middle are the residents of Tirah, who continued arriving in Bara.

So far, local authorities have registered roughly 10,000 families — about 70,000 people — from Tirah, which has a population of around 150,000, said Talha Rafiq Alam, a local government administrator overseeing the relief effort. He said the registration deadline, originally set for Jan. 23, has been extended to Feb. 5.

He said the displaced would be able to return once the law-and-order situation improves.

Among those arriving in Bara and nearby towns was 35-year-old Zar Badshah, who said he left with his wife and four children after the authorities ordered an evacuation. He said mortar shells had exploded in villages in recent weeks, killing a woman and wounding four children in his village. “Community elders told us to leave. They instructed us to evacuate to safer places,” he said.

At a government school in Bara, hundreds of displaced lined up outside registration centers, waiting to be enrolled to receive government assistance. Many complained the process was slow.

Narendra Singh, 27, said members of the minority Sikh community also fled Tirah after food shortages worsened, exacerbated by heavy snowfall and uncertain security.

“There was a severe shortage of food items in Tirah, and that forced us to leave,” he said.

Tirah gained national attention in September, after an explosion at a compound allegedly used to store bomb-making materials killed at least 24 people. Authorities said most of the dead were militants linked to the TTP, though local leaders disputed that account, saying civilians, including women and children, were among the dead.