90,000 Pakistanis have secured jobs in multiple fields of international labor market during the first 40 days of 2020.
According to the details, the Ministry of Overseas Pakistanis and Human Resource Development has facilitated 90,000 Pakistanis to get overseas jobs and 63 per cent growth in manpower export observed as compare to previous year.
A senior officer in the Bureau of Emigration and Overseas Employment (BEOE) told Associated Press of Pakistan (APP) that this is a good start for ‘2020’ and it seems that we will accomplish the target of 750,000 set for the current year.
The foreign remittances, sent by Pakistani expatriates, were a potential source of boosting the country’s forex reserve (FER), he added.
The officer said over 63 per cent growth in manpower export was observed during the last year as 625, 203 Pakistanis went abroad for overseas employment in multiple trades compared to 382,439 in 2018.
Citing the State Bank of Pakistan (SBP) as the source, he said the foreign remittances had reached to $11.4 billion during the first half of 2019-20.
He hoped that the government might achieve $24 billion target of foreign remittances set for the current financial year.
The officer said the government had chalked out a comprehensive plan to boost flow of
foreign remittances in the country by providing incentives to the Pakistani expatriates for
using legal channels to send money to their homes.
The idea was worked out by a committee on remittances chaired by the Adviser to the
Prime Minister on Finance & Revenue Hafeez Sheikh, he added.
He said the initiative would be launched shortly as the overseas ministry had suggested
during the recent meeting that the plan should be implemented before the holy month of
Ramazan due to high flow of remittances from Pakistani expatriates on the Eid-ul-Fitr.