Meeting on Remittances, Discusses Concessions on Remittances
By Shakeel Ahmed
ISLAMABAD : Prime Minister Imran Khan chaired a meeting on increasing remittances. The meeting discussed incentives for remittances.
The meeting was attended by the Minister of Finance, Minister of Economic Affairs, Trade Adviser, Special Assistants for National Security, Revenue and other senior officials.
The meeting also discussed the success of Roshan Digital Account, increase in domestic exports, especially in IT related exports, promotion of foreign investment. Issues related to the logical conclusion of bilateral agreements with different countries and institutions regarding various development projects were discussed in detail.
Briefing the meeting, it was informed that the government is reaping the benefits of its policy of providing attractive incentives to Pakistanis abroad in terms of remittances. ۔ The Roshan Digital Account has received 1.5 1.561 billion in just ten months and is growing steadily. Despite the Corona epidemic since fiscal year 2018, remittances have continued to rise, reflecting the policies of the current government of Pakistanis abroad. The “National Remittance Loyalty Program” will also be launched soon to facilitate Pakistanis abroad. A mobile application will be introduced through this program. More financial incentives will be provided to remittance Pakistanis abroad.
On the occasion, Prime Minister Imran Khan said that Pakistanis abroad are the most valuable assets of the country. Remittances from Pakistanis abroad play a key role in stabilizing the country’s economy. The government is committed to providing facilities and benefits to Pakistanis abroad and their families who have contributed to the development of the country.
The Prime Minister directed the concerned Ministries to consider providing more remittances to Pakistanis abroad. Detailed and systematic planning should be done keeping in view the foreign exchange and other economic needs keeping in view the economic growth and increasing growth rate. In terms of remittances, future targets should be set in various sectors and strategies should be formulated to achieve them.
