Prime Minister Ordered Incentive Policy for Remittances
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Pakistan, Nov. 28 -- PM Khan was presiding over a meeting of the his economic team during which he was presented a proposed incentives package for remittances sent by overseas Pakistanis via legal channels.The prime minister directed every possible measure to facilitate the overseas Pakistanis, calling them "an asset for the country".
Under the proposed package, banks and exchange companies would be offered special incentives for the promotion of foreign remittances.
Besides enhancement in incentives for banks regarding foreign remittances under the package, reducing the amount of money required for a transaction was also proposed. Measures are also being taken to further improve the system through the renewal of foreign exchange remitt...
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