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business
Saturday Jul 03 2021
By
Web Desk

Remittance loyalty programme to be launched for overseas Pakistanis

By
Web Desk
Prime Minister Imran Khan. file photo
Prime Minister Imran Khan. file photo

  • PM Imran Khan chairs meeting to review remittances and issues related to overseas Pakistanis.
  • Says expats are an asset to the country and issues orders for their facilitation.
  • Meeting informed about popularity of Roshan Digital Account.


ISLAMABAD: The PTI government will introduce the National Remittance Loyalty programme to facilitate overseas Pakistanis and more financial incentives will be extended to them.

This was shared in a meeting on an increase in foreign remittances, which was chaired by Prime Minister Imran Khan on Friday.

The loyalty programme will be launched in cooperation with different departments, including PIA, FBR, NADRA, State Life, OPF and Employees Old-Age Benefit Fund. It was informed that Roshan Apna Ghar Scheme will also be launched soon for overseas Pakistanis.

A special mobile application will be launched for this purpose.

During the meeting, the prime minister directed the ministries concerned to consider extending more incentives to overseas Pakistanis to attract maximum remittances.

He said overseas Pakistanis were an asset to the country, adding that the remittances sent by them had an important role in the country's economic stability.

The ministers for finance and economic affairs, trade adviser, special assistants for national security, revenue and other senior officials attended the meeting.

PM Khan said the government was determined to fully facilitate overseas Pakistanis and their families and emphasised the need to evolve a strategy to achieve the targets set for different sectors.

The Board of Investment informed the meeting that every possible effort was being made by the government to facilitate foreign investment in the country.

The State Bank of Pakistan apprised the meeting that the government's policy of extending incentives to overseas Pakistanis was yielding positive results.

The meeting was informed that about $1.561 billion had so far been received in Roshan Digital Accounts in a short period of 10 months and there was a consistent increase in inflows.