Trade: (Overseas Pakistanis, job promoters shouldn’t be discouraged: PBIF)

March 8, 2016 Off By Web Desk

ISLAMABAD: President Pakistan Businessmen and Intellectuals Forum (PBIF), President AKIA, First Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister Mian Zahid Hussain on Wednesday said remittances are more important than exports therefore this sector should be encouraged.

In a statement, he said some elements continue to discourage this critical sector which can have a negative impact on remittances that are lifeline of the economy. He said private sector has to invest almost seventeen billion dollars as input costs to realise exports of twenty two billion dollars which include cost of raw material, labour, energy, processing, taxes and transport etc.

On the other hand expats spend their own money to go abroad for work and start sending money in which government has no investment, he added. He said government spends heavily to increase exports but incompetent managers result in massive wastage every year.

He said expats and those who send them abroad are assets but they are not given due attention rather they are milked and harassed by different agencies.

He said there is dearth of good officials in the ministry of overseas Pakistanis, there is no director general is the ministry since three weeks, different embassies have refused to honour manpower export licences issued by government while some countries regarded as good manpower export markets have refused to issue visa to job promoters.

Despite the discouraging situation, the concerned ministry and other departments seems unconcerned about the plight of workers and promoters which is amazing, he said.

Mian Zahid said that the ministry should chalk out a plan to train manpower which will give a boost to remittances while appointment of non-professional people as labour and community welfare attachés in other countries should be abandoned in the national interest as they are causing more harm than good.