From Com · · 1m 10s
40bn remittances at risk as overseas workers fall
Pakistan's $40bn remittances face 25% drop in overseas workers.
In brief
Pakistan's $40bn remittances face 25% drop in overseas workers. Pakistan's $40 billion remittances are at risk as overseas workers fall by 25% this year. Originally reported by Com.
Remittances at risk
Pakistan's $40 billion annual remittances face serious threat as overseas workers fall by 25% this year.
POEPA reports decline
POEPA data shows 476,240 Pakistanis secured overseas jobs from Jan to Oct 2026 versus 636,270 last year.
25% year-on-year drop
The decline of over 160,000 workers represents a 25% year-on-year drop in overseas employment.
Three-year trend
Kiyani says overseas employment has declined consistently for three years creating long-term structural economic risk.
Remittances as economic backbone
Remittances contribute more than $40 billion annually and support foreign exchange reserves, current account deficit, and household incomes.
UAE, Qatar, Oman closed
UAE, Qatar and Oman are practically closed to Pakistani workers due to visa restrictions and policy changes.
Saudi Arabia reduction
Saudi Arabia sees reduction in Pakistani workforce due to complex procedures, government policies, and lack of facilitation.
POEPA demands action
POEPA urges federal government to take diplomatic measures and simplify emigration process for overseas workers.
What to remember
Pakistan's $40 billion remittances are at risk as overseas workers fall by 25% this year.
