ICCI Calls For Focusing On Export Of Manpower To Improve The National Economy
Muhammad Irfan Published October 18, 2023 | 06:45 PM
Islamabad Chamber of Commerce & Industry (ICCI) on Wednesday urged the government to make strong efforts to explore new markets for increasing the export of manpower across the globe
ISLAMABAD, (UrduPoint / Pakistan Point News - 18th Oct, 2023) Islamabad Chamber of Commerce & Industry (ICCI) on Wednesday urged the government to make strong efforts to explore new markets for increasing the export of manpower across the globe.
They said it would help improve the foreign exchange and the overall economy as the remittances of the Overseas Pakistanis are the backbone of the national economy.
The remittance accounts for more than the total exports of goods and services annually and contributes significantly to improving the country’s foreign reserves.
Faad Waheed, Acting President, while talking to Muhammad Jawad Sohrab Malik, Special Assistant to Prime Minister on Overseas Pakistanis and Human Resource Development said that Pakistan is the 5th largest country of the world in terms of population with a large pool of human resources.
He said that Bangladesh has exported over 1100,000 workers during the year ending June 2023, but Pakistan’s export of manpower during the 11 months of the outgoing fiscal year remained just around 372000, which is not an impressive figure.
He said that many countries in the middle East, Europe, South East Asia are in high demand of skilled labor and the government should provide the demand-driven skills to its workforce that would increase their export and strengthen the economy.
Muhammad Jawad Sohrab Malik, Special Assistant to Prime Minister on Overseas Pakistanis and Human Resource Development said that the government is determined to harness the the potential of a substantial Pakistani workforce to realize the goal of fast economic revival.
Asad Hafeez Kiyani Chairman, Shakeel Ahmed Abbasi Vice Chairman and Faheem Iqbal Chaudhry former Senior Vice Chairman, of the Pakistan Overseas Employment Promoters Association, also spoke on the occasion and shared useful ideas to explore the possibilities for creating new employment opportunities for Pakistanis around the world. They assured of their full cooperation with the government in achieving this goal.