Overseas Pakistanis remit $18 billion in first eleven months of FY18

[El Sidd]

Oh dear lord, please use brains for once, and look at the record of remittance sent by overseas diaspora, don't consider labour class from middle east as your local corrupt pigs, and check the amount remitted nfrom ArabiaArabia alone

Arabia is not my concern in my post.

Maybe we can revisit this in a couple of weeks and then you can understand the gravity of my stance ?

 

[Mugen]

Imran Khan is doing same because gun is pointed towards his head.

There is no way to verify this, but looking at Imran Khan's achievements in his personal life, he is his own man and doesn't show fear in the face of adversity. Where as I have some doubts about him too, but overall I think of him as a patriot.

 

[El Sidd]

Perhaps you need to check yearly remittances send by overseas and see how it cushions the impact created by incompetent local pigs

I know But i also know how grossly exaggerated the projected cushion is.

 

[salarsikander]

then you can understand the gravity of my stance

Something that is severely lacking in your most, absent as usual

 

[El Sidd]

Something that is severely lacking in your most, absent as usual

Just because i choose to Troll in trivial matters do not mean i have lost Interest in the Core values.

 

[salarsikander]

I know But i also know how grossly exaggerated the projected cushion is.

Again this is where your wrong and asnusual demonstrating ignorant attitude. Don't matter it typical in Pakistan not appreciate the contributions, which is why bright mind always leave the country

Just because i choose to Troll in trivial matters do not mean i have lost Interest in the Core values.

One wonder did you have any ?

 

[El Sidd]

Again this is where your wrong and asnusual demonstrating ignorant attitude. Don't matter it typical in Pakistan not appreciate the contributions, which is why bright mind always leave the country

Time will prove who had the more ignorant thought on this matter.

The 'Brain Drain' theory is obsolete when you See the Land is running out of water. Water which is the ingredient of Life.

 

[salarsikander]

Time will prove who had the more ignorant thought on this matter.

The 'Brain Drain' theory is obsolete when you See the Land is running out of water. Water which is the ingredient of Life.

Oh okay, so since last 70 years we had water crisis, right ? Which is why we had brain drain phenomena ? Lol brain drain is dead.

Time will prove who had the more ignorant thought on this matter.

Its a proven fact my local ignorant desi.

 

[El Sidd]

Oh okay, so since last 70 years we had water crisis, right ? Which is why we had brain drain phenomena ? Lol brain drain is dead.

The water mismanagement is a different Affair to water shortage.

It is an indoctrinated thought that overseas Pakistanis are 'Brainier' than Pakistanis.

Lack of means is not Lack of capability.

 

[Dubious]

A Pew Research study said that the number of Indians living abroad were much higher than the UN estimate for the same time. It said 15.6 million Indians were living abroad which meant 5% of all international immigrants were Indians.

Incidentally, India was the top most country to receive remittances ($69 billion) from its migrants for the same year, followed by China ($64 billion) and Philippines ($29 billion).

President and CEO of Western Union in an article for the World Economic Forum quoted a National Foundation for American Policy study said 33% of companies founded by migrants were started by Indians and 7% of all UK companies were set up by Indians.

Within the US community alone, 21% of Indian migrants are in management, business or finance occupations, compared with 11% of all migrants. Meanwhile, 7% of all UK companies were founded by Indians. In the US, 33% of immigrant-founded companies had an Indian founder.

https://www.thenewsminute.com/artic...be-country-receives-highest-remittances-58913

In case of pakistan, if there are more millionaires and billionaires from pakistani origin then one way good for country and they have tendency to start business back at home(depends on investment climate)...

@Maarkhoor @Umair Nawaz @Areesh @Pluralist @A.A. Khan @PAKISTANFOREVER

Dude open your own thead why are you polluting this thread with indian statistics???

@waz can we get the useless posts deleted please

 

[El Sidd]

Its a proven fact

It is not a fact by any Dimension of the definition of the word fact.

It is a calculated opinion based on desireable markers. Mathematical Illusion as it is called.

 

[Yaseen1]

almost same or much more amount is also going out so net effect is zero or even negative.we should control money laundering out of Pakistan to benefit from this

 

[Meengla]

And yet.. the pathetic Pakistani banks in USA won't allow me to send a dime to Pakistan anymore. Both Western Union and Xoom accounts of mine were hacked and I don't want to go that route anymore and so haven't sent a penny since February 2018. Before that, using WU and UBL NYC and National Bank USA branches I was able to send between $70,000-90,000 to Pakistan over a decade plus. PATHETIC!!

Anyway, this is good news about remittance. And I foresee there's an upward swing to the trend once CPEC projects get more going and IF/WHEN there is political stability after the 2018 elections.

 

[AZADPAKISTAN2009]

We Sold our goods to world for 20 Billion (Eatable goods life needs food)
We bought from world goods for 40 Billion (Luxury items you can live without)
--------------------------------------------------------------------------------------
Total Left in Pakistan's saving -20 Billion , so we need loans
---------------------------------------------------------------------------------------

Simple solution !!! Put a block on Excessive Imports into Country


What we import

Importing Un Efficient Petrol consuming cars

Imported Chocolates

Imported Chips

Every one loves Pringles Imported Chips

International Franchises , extracting large Fees from Pakistani Businesses

Diabetes Spreading Carbonated Drinks

Importation of Cell Phones

Sending Millions by bucket for Movies spreading Imorality

Imported by Pakistan "Tea" 200 million Pakistani 90% of them drink this daily

Upper society Drink Wine, all sold underground

Every posh family needs a electric generator to buy more Petrol from Saudia and burn money in this generator

Imported Motor bikes every one must have one to burn more fuel and buy more petrol
and Cycle money goes to Japan

95% of our expenses are Luxury items

• Can Pakistan , live with out Chocolate (Yes)
• Can Pakistan , live with out Motor bikes (Yes)
• Can Pakistan , live with out Tea (Sure, Yes)
• Can Pakistan , live with out Electric Generators (100% Yes)
• Can Pakistan , live with out Car Imports (Yes)
• Can Pakistan , live without Carbonated Sugar , Diabetes Drinks (Yes)

We are burning money by our own hands for none essential things

World Encourages Bus Travel (Daily Revenue collected)

Example:
A Bus may need fuel for $200 full tank to run for day
With 150 seats , transports 150 people

Now Lets imagine 150 Motor Bikes each needing $50 worth of fuel $7500 USD worth of fuel for traning porting 150 people

Pakistan we promote motor bikes, each motor bike requires , a petro purchase which adds up quickly

 

[my2cents]

These low life bring India into everything. Such attention seekers.

Anyway only Mr.Nair aka @Karna_007 is posting here and he does that even if we tell him not to. I don't see any others doing the same. He also tags people even if they are interested or not.