Meeting in Birmingham: NA speaker terms expatriates an asset

Ayaz Sadiq urges Pakistani diaspora to use formal channels for home remittances.

Ayaz Sadiq urges Pakistani diaspora to use formal channels for home remittances.

ISLAMABAD:


Speaker, National Assembly, Sardar Ayaz Sadiq has urged the overseas Pakistanis to send home remittances through legal channels.


The present government gives expatriates a meaningful role in the nation building process, Sadiq said in a statement issued by National Assembly Secretariat on Tuesday. He was talking to a group of overseas Pakistanis in Birmingham on his official visit to the United Kingdom, the statement said.

“Overseas Pakistanis are our asset,” the Speaker said about the vital source of foreign exchange.

Pakistanis working abroad sent home $13.92 billion in the fiscal year 2012-13, the highest ever, he remarked.

In the first quarter of the current financial year of 2013-14 home remittances soared to $2.637 billion against $2.463 billion in July-September 2012-13.




“Overseas Pakistanis are Pakistan’s valuable asset and we will address their issues on priority,” Sadiq said.

More than 6.7 million Pakistanis are living abroad and sending home foreign exchange worth billions of dollars, he said.

He hoped that expatriates will play their role in the economic development of Pakistan.

Lauding the role of Pakistani diaspora, he said Pakistanis living in the United States, United Kingdom, Saudi Arabia, the UAE and various countries of the Middle East had the largest share in home remittances.

He urged the business community in the UK to divert investment to their country and play an effective role in the development of Pakistan.

Published in The Express Tribune, October 16th, 2013.
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