Pakistan, March 27 -- The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) raised concerns about work visa rejections for Pakistani workers. Saqib Fayyaz Magoon, FPCCI Senior Vice President, warned this could reduce remittances. Despite efforts, 50% of visa applications are still rejected.
Magoon stated that remittances increased over the past eight months but may decline if the issue persists. He called for intervention from the Ministry of Foreign Affairs to resolve the problem.
Magoon also criticized the change in net metering policy, which replaced unit-for-unit compensation with a net billing system. He welcomed the government's delay on the Rs10/unit solar buyback policy, as it created uncertainty.
Magoon expressed ...