Saturday, 19 April 2025, 05:46:52 am


 
Analysts hail government for extending maximum facilitation to expats
April 16, 2025

Dr Usman Chohan (Economist): Overseas Pakistanis are playing key role in our economic progress so they are most precious asset of Pakistan. Overseas Pakistanis must keep their contact with motherland intact therefore they should be allured to pay visits to Pakistan. They can use their contacts to convince foreign investors to invest to Pakistan. Our imports are  around $40 billion while our  exports are around $25 billion so remittances remitted by overseas Pakistanis are very crucial in our economic life. We need to further strengthen our chain of remittances along with development in agricultural, textile, mineral and other sectors. Overseas Pakistanis face a large number of problems at the hand of local land grabbers therefore justice should be dispensed to them at the earliest. Our stock market should keep upward trajectory because it is an expression of trust and confidence of investors in the robust economic policies of the government. Presently, US stock markets are dipping and investors are looking for alternative options. In this regard, Pakistan stock market can be a good option for international investors. 

Dr Khaqan Najeeb (Economist): The government is committed to provide maximum facilitation to overseas Pakistanis. In this regard, some two years back, the government introduced a number of programs includingPakistan origin card, Roshan Digital Account and others which provided immense facilitation to overseas Pakistanis. Since then, the tune of remittances remitted by the overseas Pakistanis has been on the rise with the passage of every month. Now the overseas Pakistanis have remitted record high almost $ 4 billion in March. There is a need of the hour to legislate to provide a legal cover to the properties and assets of overseas Pakistanis. It is necessary because overseas Pakistanis face serious such problems where their properties are often grabbed by locals. We are also required to mobilize our overseas Pakistanis to invest in stock market because Pakistan has world’s one of the most vibrant stock market. Moreover, we need a robust economic diplomacy to convince our overseas Pakistanis to invest in Pakistani mineral and other sectors because Pakistan possesses rich natural resources. Large number of overseas Pakistanis hold key offices in their countries of residence.