Pakistan foreign remittances to be increased to $40 billion from current $20 billion

Pakistan foreign remittances to be increased to $40 billion from current $20 billion
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ISLAMABAD - Prime Minister (PM) Imran Khan on Friday said his government would be announcing a special package of incentives to encourage the overseas Pakistanis to send remittances through banking channels by removing all hindrances and procedural issues.

In a series of tweets, the Prime Minister stated, “Inshallah by removing these hindrances, we will be able to increase remittance flows from $20 billion to at least $30 billion & perhaps even $40 billion through banking channels.”

He, in this regard, also referred to the success of Philippines.

The premier continued, “We are also moving to remove hassles overseas Pakistanis confront at immigration when they come to Pakistan.”

Our Missions abroad have also been directed to look after and deal effectively with the concerns of our overseas Pakistanis, he added.

Imran Khan said the government was also going to ensure protection for the overseas Pakistanis’ properties and land especially from land mafias. - APP

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