Pakistan: No need for IMF if country capitalises on overseas Pakistanis, says PM Imran

ISLAMABAD, 19 November 2021, (TON): Prime Minister Imran Khan has said that overseas Pakistanis are the “biggest asset” of the country and the government does not need loans if expats’ full potential is utilised.

The premier said while addressing a launching ceremony of digital portal to simplifying the verification process of power of attorney for overseas in Islamabad “if we fully tap the potential of this asset then we do not need loans or IMF programme.”

He lamented that the past governments did not consider expats as the asset of the country instead they further created difficulties for them.

The premier said “overseas Pakistanis are “desperate” to invest or start a business in their own country but due to the corrupt system they bore losses.”

He also thanked the expats for supporting the economy by sending record remittances during his tenure.

He added “but despite this, unfortunately, we have failed to tap the real potential of their investment due to the lack of incentives.”

Speaking about yesterday's crucial parliament joint session, PM Imran said his government had officially made overseas Pakistanis part of the country’s democratic system.

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