پاکستان کی تاریخ کی سب سے زیادہ فارن ریمٹنس - نچو جی نچو - نچو

Rajarawal111

Chief Minister (5k+ posts)
چند ہی دن پہلے ایک قدرے سمجھدار عمرانی سے گفتگو میں عمرانی نے پھڑ ماری کہ پاکستان کی تاریخ کی سب سے زیادہ فارن ریمٹنس آ رہی ہیں اس لئے ٹریڈ بیلینس اور سٹیٹ بینک کے زخائر میں اضافہ ہو رہا ہے - تو میں نے بیچارے سے پوچھا کہ تمہاری ننی سی مغزالی میں فارن ریمٹنس بڑھنے کی کیا وجہ آتی ہے --- تو پتا چلا کہ مغزالی میرے اندازے سے زیادہ چھوٹی تھی - اس میں کوئی وجہ سماء نہیں سکی - تو میں نے اسے کہا تھا کہ کوئی اور وجہ نہیں ہو سکتی سواۓ بیرون ملک پاکستانیوں کے اس خوف کے کہ کہیں ہمارا پیسہ یہاں پھنس نہ جاۓ - میں نے بیچارے سے کہا تھے کہ دو تین مہینوں کے اندر ہی اس کی وجہ کہیں نہ کہیں سے نکل آے گی
تو لو جناب دو تین مہینے تو بہت دور کی بات ہے - اور کہیں سے نہیں خود سٹیٹ بینک نے ہی گھنٹی بجا دی --- ہماری بہترین حکومت کی بہترین خارجہ پالیسی جمع معاشی پالیسی بڑی تیزی سے رنگ لے کر آ رہی ہے --- اب "آے گا عمران" والے گانے پر ناچنے والے اور زیادہ ہونے والے ہیں

SBP warns of forced repatriation of overseas Pakistani workers


KARACHI: The State Bank of Pakistan (SBP) has warned over possible forced repatriation of overseas workers that could create grave problems for the economy urging the government to evolve a comprehensive strategy to deal with the situation.

“While the short-to-medium-term focus seems appropriate given the abruptness of the Covid-19 crisis, the government must also frame a long-term view and adopt a comprehensive national migration policy,” the central bank noted in its recently released State of Pakistan’s Economy 2019-20.

The existing framework does not share any comprehensive action plan to address the problems of migrant workers in case of forced repatriation, it added.

The annual report provided a comprehensive account on overseas Pakistanis and possible grave situation emerging from forced repatriation of workers particularly in the Gulf region.

Over 100,000 overseas jobs for which the recruitment process was going on in the country was disrupted due to Covid-19 and is not going to recover unless the recruiting projects are revived.

“Around 50,000 Pakistani migrants faced layoffs in different countries. These jobs may not be recovered in the short term and are thus extremely vulnerable,” it added.

Using data compiled by the Bureau of Emigration and Overseas Employment (BEOE), the report said that around 60,000 Pakistanis were recruited for overseas work, but could not proceed abroad due to travel restrictions and suspension of flight operations. The BEOE also categorises these jobs as extremely vulnerable.

In addition to these, 50,000 emigrants (Azaad Visa excluded) returned on paid or unpaid leaves as of June 20. These workers have not been laid off, but their job continuation entails risk, said the report.

In case of forced dismissals, workers also did not receive compensation, and other dues and therefore found it difficult to arrange travel expenses on their own. The recent figure of stranded Pakistanis in different destinations is highly skewed towards the Gulf region with more than 91 per cent in only two countries, i.e., Saudi Arabia and the UAE, said the report.

During April-June, the national airline flew 490 special flights and repatriated 90,308 citizens during April-June, said the report.

Even before the Covid-19, important migrant destinations, including Saudi Arabia, Kuwait and others, had started internal reform processes and took comprehensive measures to encourage recruitment of local workers.

“Now, with the Covid-19 crisis, the demand contraction and a dull crude oil market has further weakened the economic outlook of oil-exporting economies. Under such circumstances, a complete return to pre-Covid migrant employment levels does not appear in sight, at least over the next two years,” said the report.

A number of countries, including Indonesia, Philippines, Cambodia, Mexico and Sri Lanka, have been following national frameworks for the reintegration of returning workers under national migration legislation and policy frameworks.

In coming months, thousands of repatriated Pakistanis will require similar reintegration assistance in the form of financial support, entrepreneurship facilitation, skill up-gradation and job resumption, said the report.

“A well-planned and coordinated strategy is needed at provincial and federal level to address social and economic consequences of mass repatriation and cater to the basic needs of the returned migrants,” said the report.

The government must improve governance framework in migration-related operations to improve policy effectiveness, the SBP advised.

“As per the International Labour Organization (ILO) assessment, such operations in Pakistan currently face multiple challenges, such as the absence of properly designed systems, weak standard operating procedures, inadequately trained assigned staff and coordination weaknesses among different departments,” said the report.

Published in Dawn, November 21st, 2020

 
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Citizen X

Prime Minister (20k+ posts)
 

Ahmed Jawad

MPA (400+ posts)
All of you guys are simply chawals and biased. Either for or against imran khan. Oil price are stuck in a very low range for a long time, MBS has said that saudi arabia cannot pay its salaries. Other mideast countries are in trouble too. Similary corona has resulted in job cuts and 5% less GDP all over the world , more so for developed world, therefore naturally 5% of Pakistani expat income will suffer more or less well. Remittances are simply high because there is no travel now. I personally also sent money home a bit more to invest just in case. Happy masterbating pro and anti imran guys
 

Will_Bite

Chief Minister (5k+ posts)
چند ہی دن پہلے ایک قدرے سمجھدار عمرانی سے گفتگو میں عمرانی نے پھڑ ماری کہ پاکستان کی تاریخ کی سب سے زیادہ فارن ریمٹنس آ رہی ہیں اس لئے ٹریڈ بیلینس اور سٹیٹ بینک کے ذخایر میں اضافہ ہو رہا ہے - تو میں نے بیچارے سے پوچھا کہ تمہاری ننی سی مغزالی میں فارن ریمٹنس بڑھنے کی کیا وجہ آتی ہے --- تو پتا چلا کہ مغزالی میرے اندازے سے زیادہ چھوٹی تھی - اس میں کوئی وجہ سماء نہیں سکی - تو میں نے اسے کہا تھا کہ کوئی اور وجہ نہیں ہو سکتی سواۓ بیرون ملک پاکستانیوں کے اس خوف کے کہ کہیں ہمارا پیسہ یہاں پھنس نہ جاۓ - میں نے بیچارے سے کہا تھے کہ دو تین مہینوں کے اندر ہی اس کی وجہ کہیں نے کہیں سے نکل آے گی
تو لو جناب دو تین مہینے تو بہت دور کی بات ہے - اور کہیں سے نہیں خود سٹیٹ بینک نے ہی گھنٹی بجا دی --- ہماری بہترین حکومت کی بہترین خارجہ پالیسی جمع معاشی پالیسی بڑی تیزی سے رنگ لے کر آ رہی ہے --- اب "آے گا عمران" والے گانے پر ناچنے والے اور زیادہ ہونے والے ہیں

SBP warns of forced repatriation of overseas Pakistani workers


KARACHI: The State Bank of Pakistan (SBP) has warned over possible forced repatriation of overseas workers that could create grave problems for the economy urging the government to evolve a comprehensive strategy to deal with the situation.

“While the short-to-medium-term focus seems appropriate given the abruptness of the Covid-19 crisis, the government must also frame a long-term view and adopt a comprehensive national migration policy,” the central bank noted in its recently released State of Pakistan’s Economy 2019-20.

The existing framework does not share any comprehensive action plan to address the problems of migrant workers in case of forced repatriation, it added.

The annual report provided a comprehensive account on overseas Pakistanis and possible grave situation emerging from forced repatriation of workers particularly in the Gulf region.

Over 100,000 overseas jobs for which the recruitment process was going on in the country was disrupted due to Covid-19 and is not going to recover unless the recruiting projects are revived.

“Around 50,000 Pakistani migrants faced layoffs in different countries. These jobs may not be recovered in the short term and are thus extremely vulnerable,” it added.

Using data compiled by the Bureau of Emigration and Overseas Employment (BEOE), the report said that around 60,000 Pakistanis were recruited for overseas work, but could not proceed abroad due to travel restrictions and suspension of flight operations. The BEOE also categorises these jobs as extremely vulnerable.

In addition to these, 50,000 emigrants (Azaad Visa excluded) returned on paid or unpaid leaves as of June 20. These workers have not been laid off, but their job continuation entails risk, said the report.

In case of forced dismissals, workers also did not receive compensation, and other dues and therefore found it difficult to arrange travel expenses on their own. The recent figure of stranded Pakistanis in different destinations is highly skewed towards the Gulf region with more than 91 per cent in only two countries, i.e., Saudi Arabia and the UAE, said the report.

During April-June, the national airline flew 490 special flights and repatriated 90,308 citizens during April-June, said the report.

Even before the Covid-19, important migrant destinations, including Saudi Arabia, Kuwait and others, had started internal reform processes and took comprehensive measures to encourage recruitment of local workers.

“Now, with the Covid-19 crisis, the demand contraction and a dull crude oil market has further weakened the economic outlook of oil-exporting economies. Under such circumstances, a complete return to pre-Covid migrant employment levels does not appear in sight, at least over the next two years,” said the report.

A number of countries, including Indonesia, Philippines, Cambodia, Mexico and Sri Lanka, have been following national frameworks for the reintegration of returning workers under national migration legislation and policy frameworks.

In coming months, thousands of repatriated Pakistanis will require similar reintegration assistance in the form of financial support, entrepreneurship facilitation, skill up-gradation and job resumption, said the report.

“A well-planned and coordinated strategy is needed at provincial and federal level to address social and economic consequences of mass repatriation and cater to the basic needs of the returned migrants,” said the report.

The government must improve governance framework in migration-related operations to improve policy effectiveness, the SBP advised.

“As per the International Labour Organization (ILO) assessment, such operations in Pakistan currently face multiple challenges, such as the absence of properly designed systems, weak standard operating procedures, inadequately trained assigned staff and coordination weaknesses among different departments,” said the report.

Published in Dawn, November 21st, 2020

Even if all Pakistani expats stop sending funds, Pakistan will still have no more than $1 billion a month current acct deficit. That deficit is still less than half of what your leige lords left it at.

This response is in line with the kind of arguments patwaris make and understand....
sort of like the one where corona doesnt spread through smelly ass PDM idiots bunched up in small stadiums.

PS....Bulk of the downsizing and repatriations that had to be done due to corona have mostly been done. SBP is reacting a bit late in my opinion.

PS2...And if the assertion is that mideast countries will forcibly single out Pakistanis, then that is as absurd as PDMs jalsas. Not gonna happen in this day and age.
 

Saboo

Prime Minister (20k+ posts)
All of you guys are simply chawals and biased. Either for or against imran khan. Oil price are stuck in a very low range for a long time, MBS has said that saudi arabia cannot pay its salaries. Other mideast countries are in trouble too. Similary corona has resulted in job cuts and 5% less GDP all over the world , more so for developed world, therefore naturally 5% of Pakistani expat income will suffer more or less well. Remittances are simply high because there is no travel now. I personally also sent money home a bit more to invest just in case. Happy masterbating pro and anti imran guys
Hahaha...No wonder all of your household is happy masterbating on that extra money you sent home this month....Ab is mein kia.😁
 

Rajarawal111

Chief Minister (5k+ posts)
Also please tell us about PMLn vision.......if they win next election who will be next PM....Punjab speed or Maryam Nawaz???......considering Bau Ji is not coming back
I know a barrage of chittars is coming to me after this reply. But since you asked my opinion then I will reply. If PMLN wins, Abbaey hori might be planing to our Punjab Speed on driving seat.
And to silence the blare they may give Punjab to Nikki baao ji. If they can put a donkey up in center then what the heck, they can silence her forever by giving her Punjab and painting her as ultimate failure --- as they have painted IK.
 

Islamabadiya

Minister (2k+ posts)
چند ہی دن پہلے ایک قدرے سمجھدار عمرانی سے گفتگو میں عمرانی نے پھڑ ماری کہ پاکستان کی تاریخ کی سب سے زیادہ فارن ریمٹنس آ رہی ہیں اس لئے ٹریڈ بیلینس اور سٹیٹ بینک کے ذخایر میں اضافہ ہو رہا ہے - تو میں نے بیچارے سے پوچھا کہ تمہاری ننی سی مغزالی میں فارن ریمٹنس بڑھنے کی کیا وجہ آتی ہے --- تو پتا چلا کہ مغزالی میرے اندازے سے زیادہ چھوٹی تھی - اس میں کوئی وجہ سماء نہیں سکی - تو میں نے اسے کہا تھا کہ کوئی اور وجہ نہیں ہو سکتی سواۓ بیرون ملک پاکستانیوں کے اس خوف کے کہ کہیں ہمارا پیسہ یہاں پھنس نہ جاۓ - میں نے بیچارے سے کہا تھے کہ دو تین مہینوں کے اندر ہی اس کی وجہ کہیں نے کہیں سے نکل آے گی
تو لو جناب دو تین مہینے تو بہت دور کی بات ہے - اور کہیں سے نہیں خود سٹیٹ بینک نے ہی گھنٹی بجا دی --- ہماری بہترین حکومت کی بہترین خارجہ پالیسی جمع معاشی پالیسی بڑی تیزی سے رنگ لے کر آ رہی ہے --- اب "آے گا عمران" والے گانے پر ناچنے والے اور زیادہ ہونے والے ہیں

SBP warns of forced repatriation of overseas Pakistani workers


KARACHI: The State Bank of Pakistan (SBP) has warned over possible forced repatriation of overseas workers that could create grave problems for the economy urging the government to evolve a comprehensive strategy to deal with the situation.

“While the short-to-medium-term focus seems appropriate given the abruptness of the Covid-19 crisis, the government must also frame a long-term view and adopt a comprehensive national migration policy,” the central bank noted in its recently released State of Pakistan’s Economy 2019-20.

The existing framework does not share any comprehensive action plan to address the problems of migrant workers in case of forced repatriation, it added.

The annual report provided a comprehensive account on overseas Pakistanis and possible grave situation emerging from forced repatriation of workers particularly in the Gulf region.

Over 100,000 overseas jobs for which the recruitment process was going on in the country was disrupted due to Covid-19 and is not going to recover unless the recruiting projects are revived.

“Around 50,000 Pakistani migrants faced layoffs in different countries. These jobs may not be recovered in the short term and are thus extremely vulnerable,” it added.

Using data compiled by the Bureau of Emigration and Overseas Employment (BEOE), the report said that around 60,000 Pakistanis were recruited for overseas work, but could not proceed abroad due to travel restrictions and suspension of flight operations. The BEOE also categorises these jobs as extremely vulnerable.

In addition to these, 50,000 emigrants (Azaad Visa excluded) returned on paid or unpaid leaves as of June 20. These workers have not been laid off, but their job continuation entails risk, said the report.

In case of forced dismissals, workers also did not receive compensation, and other dues and therefore found it difficult to arrange travel expenses on their own. The recent figure of stranded Pakistanis in different destinations is highly skewed towards the Gulf region with more than 91 per cent in only two countries, i.e., Saudi Arabia and the UAE, said the report.

During April-June, the national airline flew 490 special flights and repatriated 90,308 citizens during April-June, said the report.

Even before the Covid-19, important migrant destinations, including Saudi Arabia, Kuwait and others, had started internal reform processes and took comprehensive measures to encourage recruitment of local workers.

“Now, with the Covid-19 crisis, the demand contraction and a dull crude oil market has further weakened the economic outlook of oil-exporting economies. Under such circumstances, a complete return to pre-Covid migrant employment levels does not appear in sight, at least over the next two years,” said the report.

A number of countries, including Indonesia, Philippines, Cambodia, Mexico and Sri Lanka, have been following national frameworks for the reintegration of returning workers under national migration legislation and policy frameworks.

In coming months, thousands of repatriated Pakistanis will require similar reintegration assistance in the form of financial support, entrepreneurship facilitation, skill up-gradation and job resumption, said the report.

“A well-planned and coordinated strategy is needed at provincial and federal level to address social and economic consequences of mass repatriation and cater to the basic needs of the returned migrants,” said the report.

The government must improve governance framework in migration-related operations to improve policy effectiveness, the SBP advised.

“As per the International Labour Organization (ILO) assessment, such operations in Pakistan currently face multiple challenges, such as the absence of properly designed systems, weak standard operating procedures, inadequately trained assigned staff and coordination weaknesses among different departments,” said the report.

Published in Dawn, November 21st, 2020


on posts like these, youthias can only dance like you see in one youthia’s post above
 

Rajarawal111

Chief Minister (5k+ posts)
Even if all Pakistani expats stop sending funds, Pakistan will still have no more than $1 billion a month current acct deficit. That deficit is still less than half of what your leige lords left it at.

This response is in line with the kind of arguments patwaris make and understand....
sort of like the one where corona doesnt spread through smelly ass PDM idiots bunched up in small stadiums.

PS....Bulk of the downsizing and repatriations that had to be done due to corona have mostly been done. SBP is reacting a bit late in my opinion.

PS2...And if the assertion is that mideast countries will forcibly single out Pakistanis, then that is as absurd as PDMs jalsas. Not gonna happen in this day and age.
Man some times I really puzzled on your Monkey Mujraa. Why the heck was Pakistan an example for corona wins and now what the heck we are again crying over it. Stop making things up --- at least you know better than your IK I am dead sure on this.

You also understand what the heck is happening with this surplus shit. You very much know that we are holding up our liabilities and making it look swollen. It just feels like you have actually hired Munshi Dar. --- For once please set aside your verbal hypocracy. Your donkey runs on the social media trends. Better put him on right track --- please.
 
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Rajarawal111

Chief Minister (5k+ posts)
All of you guys are simply chawals and biased. Either for or against imran khan. Oil price are stuck in a very low range for a long time, MBS has said that saudi arabia cannot pay its salaries. Other mideast countries are in trouble too. Similary corona has resulted in job cuts and 5% less GDP all over the world , more so for developed world, therefore naturally 5% of Pakistani expat income will suffer more or less well. Remittances are simply high because there is no travel now. I personally also sent money home a bit more to invest just in case. Happy masterbating pro and anti imran guys
Invest in what ????
Who do you want to befool man ?
 

Shahid Abassi

Minister (2k+ posts)
Remittances increased only due to better controls on hawala, hundi, and money laundering. State bank is right in saying that forced repatriations could start if the Corona epidemic gets worse in the coming days where all big projects get stalled or if our political relations with the Gulf states go into a deterioration. These two scenarios have nothing to do with each other. Had it been the case of fear as Mr. Raja describes it, then remittances from the USA, UK, EU, Norway, Japan, Canada, and Australia would not have increased similarly. Last October remittances from the above countries amounted to 594 million but in October 2020 are 762 million, an increase of 28%. We all know that Pakistanis in these countries are on permanent stays or even have nationalities of these countries and that there are no chances of their funds being stuck there.
 

Jawad66

Citizen
Remittances increased only due to better controls on hawala, hundi, and money laundering. State bank is right in saying that forced repatriations could start if the Corona epidemic gets worse in the coming days where all big projects get stalled or if our political relations with the Gulf states go into a deterioration. These two scenarios have nothing to do with each other. Had it been the case of fear as Mr. Raja describes it, then remittances from the USA, UK, EU, Norway, Japan, Canada, and Australia would not have increased similarly. Last October remittances from the above countries amounted to 594 million but in October 2020 are 762 million, an increase of 28%. We all know that Pakistanis in these countries are on permanent stays or even have nationalities of these countries and that there are no chances of their funds being stuck there.
Ijust want to point out one thing,in last one year pakistani people has become more poorer and the oversease pakistani has become more richer because of cronna virus cash payments,so they send more money to relieve the burden of Pakistani people.
 
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