The Remittance Question
Millions of Pakistanis work in Saudi Arabia and the UAE. If Gulf economies slow due to aviation disruption, construction slowdown, or capital outflows, remittances could soften.
However, in the short term, high oil prices actually strengthen Gulf fiscal balances. That stabilizes host economies. Immediate remittance collapse is improbable unless conflict becomes prolonged and regionally destabilizing.
Markets price fear quickly. They do not always price duration accurately.
