‘Pakistan $32 billion remittances in current fiscal’: Zulfi Bukhari lauds Pak expats for breaking record

[Maula Jatt]

Yeah, and that adds to the country's Forex reserve , which pays for the imports of petrol you burn, so be thankful.
So many Billions are not just family support but also significant amount of investment in Pakistan.

My country of residence and second nationality UK, allows all commonwealth citizens living in the UK to vote, even if they are not UK citizens.
Because politicians and their party have nothing to hide. Unlike you guys in Pakistan, who know you and your politicians are corrupt and since you are getting direct benefit from your supported politicians corruption, so you will vote for him anyway. Its only us the expatriates who will not vote for the corrupt, hence your rubbish statement.

Lol, look you'll continue to send your money to your families
Can't be using it as leverage against state of Pakistan
This is not a leverage, this is your personal thing you do to support people back it home

If you don't live in Pakistan, have 2 ctizenship, probably never been to country in years to actually to truly know the issue, you don't "live" the life so how can you decide for people living that experience

Why should you get the privilege of vote with all those conflict of intrests and short comings?

Before badmouthing Pakistanis, I live in US but it's a principled stance that you can agree or disagree with based on principles

 

[Aesterix]

Lol, look you'll continue to send your money to your families
Can't be using it as leverage against state of Pakistan
This is not a leverage, this is your personal thing you do to support people back it home

If you don't live in Pakistan, have 2 ctizenship, probably never been to country in years to actually to truly know the issue, you don't "live" the life so how can you decide for people living that experience

Why should you get the privilege of vote with all those conflict of intrests and short comings?

Before badmouthing Pakistanis, I live in US but it's a principled stance that you can agree or disagree with based on principles

We should vote because you the resident Pakistani are extremely stupid crowd, and that's what you are, a good for nothing burden on the country's resources.
Only we have the freewill and politicial sense to vote the right person in.
You have none of that.

 

[Maula Jatt]

We should vote because you the resident Pakistani are extremely stupid crowd, and that's what you are, a good for nothing burden on the country's resources.
Only we have the freewill and politicial sense to vote the right person in.
You have none of that.

Wth lol, good rants but makes no sense

What constitutes the $85 Billion worth of imports? Is it equipment that will help Pakistani exports grow or just domestic consumption goods? Is there any plan to start and import-substitution program in Pakistan? Open up sectors that will allow overseas Pakistanis to invest in areas that can help lower the amount of imports, and close the CAD.

What constitutes the $85 Billion worth of imports? Is it equipment that will help Pakistani exports grow or just domestic consumption goods? Is there any plan to start and import-substitution program in Pakistan? Open up sectors that will allow overseas Pakistanis to invest in areas that can help lower the amount of imports, and close the CAD.

I think IK opened something where OP can invest in Pakistan
Roshan digital or something similar

 

[FuturePAF]

Wth lol, good rants but makes no sense


I think IK opened something where OP can invest in Pakistan
Roshan digital or something similar

Industries have to be opened up.

Roshan Pakistan is a great start but the amount of interest investors are guaranteed can’t be higher then the profits the businesses earn, otherwise all the growth will go to the investors and not be reinvested into equipment and workforce training or wages, which can all go back and circulate in the economy.

A high interest bank loan to business will only paper over the inefficiencies of established industries, growing as long as the banks are willing to lend.

level playing field for new investors compared to established companies, land owners, etc.

I don’t want to see Pakistan go the way Yugoslavia’s economy went. The parallels are scary.

 

[Pakistansdefender]

ISLAMABAD: Reacting to a foreign newspapers report about Pakistan to get $32 billion remittances in current fiscal, Special Assistant to Prime Minister on Overseas Pakistanis and Pakistan Tehreek-e-Insaf leader Sayed Zulfiqar Bukhari on Saturday showered praises on Pak expatriates.

In a Tweet, he said: “More record breaking remittances.

“OverseasPakistanis never fail Pakistan, it’s time we open our hearts & welcome talented & highly educated individuals from among our diaspora to come & serve our country.

“Let there be a Pakistan with equal opportunities for every Pakistani.”

Earlier a Gulf based newspaper, quoting latest data released by the State Bank of Pakistan (SBP), in its report said that Pakistan was on track to achieve a record $32 billion in remittance inflows in the current fiscal 2021-22 as its over nine million overseas workers remitted a record $8.04 billion during the first quarter ended on September 30.

The central bank showed that non-resident Pakistanis sent 12.5 per cent more money back home during the July-September quarter compared to the same period last year. It is the highest ever quarterly remittance received by the country in its 75 years of history.

"If the first-quarter trend persists, Pakistan remittances could hit the figure of $32 billion during the current financial year. This contributes significantly to countering external pressure on balance of payment,” according to the Trust Securities and Brokerage Limited.

Expo 2020: Oscar-winning musical composer A.R. Rahman on directing the all-female Firdaus Orchestra

Overseas Pakistanis residing in the UAE and Saudi Arabia contributed a major share in total remittances as they sent $1.55 billion and $2.03 billion, respectively. The remittance outflows from the UAE to Pakistan climbed nine per cent year-on-year basis, while Saudi Arabia registered a slight decline of three per cent during the quarter. Remittances from the US and UK soared 32 per cent ($833 million) and 13 per cent ($1.12 billion), respectively. First-quarter inflows from the European Union surged 48 per cent to $889 million from $601 million in the same quarter last year.

‘$32 bn remittances in current fiscal’: Zulfi Bukhari lauds Pak expats for breaking record

ISLAMABAD: Reacting to a foreign newspapers report about Pakistan to get $32 billion remittances in current fiscal, Special Assistant to Prime Minister on Overseas Pakistanis and Pakistan...

www.thenews.com.pk

$40b exports, $32b remmitances. Still CAD will be around $12b which mean imports $85b, damn

No it won't. If imports of 3 months would be 18 billion dollars (it is lesser number if I am not wrong) then in 4 quarters it would be 72 not 85 and besides it would never go beyond 75.
And sbp said they were expecting 5 to 7 billion deficit to achieve 5 percent growth.

ISLAMABAD: Reacting to a foreign newspapers report about Pakistan to get $32 billion remittances in current fiscal, Special Assistant to Prime Minister on Overseas Pakistanis and Pakistan Tehreek-e-Insaf leader Sayed Zulfiqar Bukhari on Saturday showered praises on Pak expatriates.

In a Tweet, he said: “More record breaking remittances.

“OverseasPakistanis never fail Pakistan, it’s time we open our hearts & welcome talented & highly educated individuals from among our diaspora to come & serve our country.

“Let there be a Pakistan with equal opportunities for every Pakistani.”

Earlier a Gulf based newspaper, quoting latest data released by the State Bank of Pakistan (SBP), in its report said that Pakistan was on track to achieve a record $32 billion in remittance inflows in the current fiscal 2021-22 as its over nine million overseas workers remitted a record $8.04 billion during the first quarter ended on September 30.

The central bank showed that non-resident Pakistanis sent 12.5 per cent more money back home during the July-September quarter compared to the same period last year. It is the highest ever quarterly remittance received by the country in its 75 years of history.

"If the first-quarter trend persists, Pakistan remittances could hit the figure of $32 billion during the current financial year. This contributes significantly to countering external pressure on balance of payment,” according to the Trust Securities and Brokerage Limited.

Expo 2020: Oscar-winning musical composer A.R. Rahman on directing the all-female Firdaus Orchestra

Overseas Pakistanis residing in the UAE and Saudi Arabia contributed a major share in total remittances as they sent $1.55 billion and $2.03 billion, respectively. The remittance outflows from the UAE to Pakistan climbed nine per cent year-on-year basis, while Saudi Arabia registered a slight decline of three per cent during the quarter. Remittances from the US and UK soared 32 per cent ($833 million) and 13 per cent ($1.12 billion), respectively. First-quarter inflows from the European Union surged 48 per cent to $889 million from $601 million in the same quarter last year.

‘$32 bn remittances in current fiscal’: Zulfi Bukhari lauds Pak expats for breaking record

ISLAMABAD: Reacting to a foreign newspapers report about Pakistan to get $32 billion remittances in current fiscal, Special Assistant to Prime Minister on Overseas Pakistanis and Pakistan...

www.thenews.com.pk

$40b exports, $32b remmitances. Still CAD will be around $12b which mean imports $85b, damn

Plus you don't add 5 billion investments expected in rda accounts

ISLAMABAD: Reacting to a foreign newspapers report about Pakistan to get $32 billion remittances in current fiscal, Special Assistant to Prime Minister on Overseas Pakistanis and Pakistan Tehreek-e-Insaf leader Sayed Zulfiqar Bukhari on Saturday showered praises on Pak expatriates.

In a Tweet, he said: “More record breaking remittances.

“OverseasPakistanis never fail Pakistan, it’s time we open our hearts & welcome talented & highly educated individuals from among our diaspora to come & serve our country.

“Let there be a Pakistan with equal opportunities for every Pakistani.”

Earlier a Gulf based newspaper, quoting latest data released by the State Bank of Pakistan (SBP), in its report said that Pakistan was on track to achieve a record $32 billion in remittance inflows in the current fiscal 2021-22 as its over nine million overseas workers remitted a record $8.04 billion during the first quarter ended on September 30.

The central bank showed that non-resident Pakistanis sent 12.5 per cent more money back home during the July-September quarter compared to the same period last year. It is the highest ever quarterly remittance received by the country in its 75 years of history.

"If the first-quarter trend persists, Pakistan remittances could hit the figure of $32 billion during the current financial year. This contributes significantly to countering external pressure on balance of payment,” according to the Trust Securities and Brokerage Limited.

Expo 2020: Oscar-winning musical composer A.R. Rahman on directing the all-female Firdaus Orchestra

Overseas Pakistanis residing in the UAE and Saudi Arabia contributed a major share in total remittances as they sent $1.55 billion and $2.03 billion, respectively. The remittance outflows from the UAE to Pakistan climbed nine per cent year-on-year basis, while Saudi Arabia registered a slight decline of three per cent during the quarter. Remittances from the US and UK soared 32 per cent ($833 million) and 13 per cent ($1.12 billion), respectively. First-quarter inflows from the European Union surged 48 per cent to $889 million from $601 million in the same quarter last year.

‘$32 bn remittances in current fiscal’: Zulfi Bukhari lauds Pak expats for breaking record

ISLAMABAD: Reacting to a foreign newspapers report about Pakistan to get $32 billion remittances in current fiscal, Special Assistant to Prime Minister on Overseas Pakistanis and Pakistan...

www.thenews.com.pk

$40b exports, $32b remmitances. Still CAD will be around $12b which mean imports $85b, damn

Plus you don't add 5 billion investments expected in rda accounts

Issue is I don't trust the deep state

They'll bring these guys back when they feel threatened...

I am very pro established and deepstate. But I know they are like snakes. Not loyal to anyone. Dont know what they want to do with Pakistan. As their confusion is hurting pakistan more and more.

 

[Aesterix]

Wth lol, good rants but makes no sense


I think IK opened something where OP can invest in Pakistan
Roshan digital or something similar

To understand, one needs a brain, which resident Pakistanis haven't got.

 

[Maula Jatt]

No it won't. If imports of 3 months would be 18 billion dollars (it is lesser number if I am not wrong) then in 4 quarters it would be 72 not 85 and besides it would never go beyond 75.
And sbp said they were expecting 5 to 7 billion deficit to achieve 5 percent growth.

Plus you don't add 5 billion investments expected in rda accounts

Plus you don't add 5 billion investments expected in rda accounts

I am very pro established and deepstate. But I know they are like snakes. Not loyal to anyone. Dont know what they want to do with Pakistan. As their confusion is hurting pakistan more and more.

I don't think they are evil as people as critics paint them
but they are confused af on what their objectives are and how to go about it

 

[LicencetoKill]

and what treatment we expatriates get in airports.

 

[ziaulislam]

A- You send your money to your family not GOP- so you'll continue to do so
B- dual citizens should never be allowed to vote (only gulf OP)

Yes they should only ask to invest in real estate and send money to pakistan..no need to give them voting rights..if they want they should take their families and loves and not come back..pakistanis dont need their monwy..we can easily go and bag from our qatari and arab prinvess

and what treatment we expatriates get in airports.

Bakishish..chai pani

We should vote because you the resident Pakistani are extremely stupid crowd, and that's what you are, a good for nothing burden on the country's resources.
Only we have the freewill and politicial sense to vote the right person in.
You have none of that.

What do u mean my great leaders increased out exports from 25b to 21000 million..thats massive almost 900x increase from 2013- 2018

 

[AZ1]

A- You send your money to your family not GOP- so you'll continue to do so
B- dual citizens should never be allowed to vote (only gulf OP)

Ok and what about dual nationality of the sitting judges?

dual nationalality holder can become judge in pakistan but yeah dont allow him vote lol

 

[Maula Jatt]

Ok and what about dual nationality of the sitting judges?

They're pos,s I hope someone jails and fire these guys...