Pakistan Foreign Remittances to be enhanced to $40 billions per annum

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Pakistan Foreign Remittances to be enhanced to $40 billions per annum

ISLAMABAD - Federal Information Minister Fawad Chaudhry has said Pakistan had special strategic relations with Saudi Arabia and the UAE, adding "Moreover our relations become even more important as the large number of Pakistani expatriates are working in these two countries." He said that before PTI coming to power, the United States, Pakistan relations had deteriorated but now in the words of US Senator Graham, Imran Khan was the best bet for bring stability in the region.

He said that the cornerstone of the present government economic policies was to control imports, increase exports, stop deindustrialization and revive industry and encourage expatriates to send remittances through legal channels to double them from present $ 20 billion to $ 40 billion per year. He said Pakistan became part of a regional conflict in the 1980s, and suffering huge losses now successfully came out of the conflict. If there was any other nation in that conflict it would not have survived, but Pakistan as a resilient nation had survived, he added. He said in irregular conflict, it was very difficult to defeat hidden enemy. Fawad said that PTI government showed unprecedented courage and overcome the divisions within the county by taking action against extremist elements. Moreover, he said that the government had taken action against corrupt elements who had plundered national wealth and the past governments did not had courage to bring them to book.