2024-07-04 13:38:11
(Ashraf Khan) The remittances of Pakistanis living abroad for employment have been the most important role in ensuring the stability of the federal budget and economic development for years. What are the reasons?
There is a decrease in the number of people going abroad from Pakistan, due to this decrease, a decrease in remittances has been seen. Remittances recorded 15 billion 832.3 million dollars after a decline of 3%.
The State Bank says that remittances on an annual basis in January 2024 have reached 2 billion 397 million dollars after an increase of 26.15 percent, which was 1 billion 90 million dollars in the same month of last year. On a monthly basis in January. Remittances from overseas Pakistanis increased by 0.6%, with remittances recorded at $2.3819 billion in December 2023.
A decrease was recorded in remittances sent from traditional countries, including Saudi Arabia, the United Arab Emirates and Gulf Cooperation Council (GCC) countries, but the amount sent by the United States, United Kingdom and European countries increased. An increase was seen. What are the reasons for this? When it was investigated, it was found that due to social media and foreign beggars, difficulties have increased for those who go to work abroad.
In the year 2023, 8 lakh 62 thousand people went abroad for work, in the first six months of the year 2024, only 3 lakh 25 thousand people have gone, another reason for this is that those who go on a visit visa from here They start earning in countries or move around illegally, due to these cases of Pakistanis, these countries are shying away from giving visas to Pakistanis.
Must read: Increase in basic electricity tariff, what will be the new rate for how many units are used?
Adnan Paracha, an expert, was asked about this and he said that Pakistanis have been caught begging in UAE, Saudi Arabia and other countries. Second, Pakistanis have gone far in using social media apps. Keep posting videos and pictures.
The government agency Bureau of Immigration said that foreign job seekers have given a wrong impression on social media, on which the UAE and Saudi government have also complained to the government of Pakistan. This is also defaming Pakistan.
Expert Adnan Paracha said that this will have a negative impact on the remittances in the coming months, industries are closing due to the current economic situation, the only source of job for the youth abroad is in danger.
Adnan Paracha appealed to Interior Minister Mohsin Naqvi and said to solve the problems of those who are going to work in foreign countries, there are great job opportunities in UAE and Saudi Arabia. The dollar bringing sector can further develop.
2024-07-04 13:38:11