Islamabad, Aug 29: The economic geniuses in Pakistan have unveiled a bold plan to quadruple the quadruple the remittance goal for overseas Pakistani from $30 billion to $60 billion over the course of the next ten years.
The remittance target for the current fiscal year is $30.27 billion.
The plan calls for a more than $3 billion annual increase in remittances in order to meet this target.
Important tactics include presenting incentives to Pakistanis living abroad, stationing 26 Community Welfare Attachés in the US, Europe, and the Gulf, and providing assistance with finding work, starting a new business, and gaining access to markets.
To support remittance remittance goal for overseas Pakistani, the Special Investment Facilitation Council (SIFC) Forum will also be activated. Blue passports will be granted as part of the incentives to entice overseas Pakistanis to invest in technology zones, where facilities would be made available for them.
A partnership with the European Union is also part of the aim to improve the skilled labor force. To aid with this endeavor, more than fifty additional skill centers are scheduled to open.
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