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 urged the government to equip its manpower with the latest skills and knowledge to improve their prospects of their export to potential markets.
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.
He said that during a recent meeting with the Saudi Ambassador, he proposed the Kingdom of Saudi Arabia to employ a substantial number of Pakistani workers to contribute to the Saudi Vision 2030.
He said that Pakistan has the ability to export one million workers every year to various potential markets and all possible efforts are being made to realize this goal to strengthen the economy.
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.
Related Topics
Recent Stories
Interior Minister removes Director, Assistant Director over complaints at Passpo ..
Meter tampering, gas theft main reasons behind over billing in Balochistan: Tara ..
JUI-F chief expresses concerns about state of democracy in Pakistan
Four terrorists involved in suicide attack on Chinese in Besham arrested
SIC chief asks PTI leaders to resign from assemblies
Pakistan working tirelessly to eradicate polio from country: PM
IHC Justice Sattar dismisses pleas moved by FIA, PEMRA and PTA in audio leaks ca ..
Gillespie, Kirsten feature in 48th edition of PCB Podcast
Security forces kill four terrorists in Tank
Fake immoral video of Ducky Bhai's wife goes on viral on social media
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 29 April 2024
Today Gold Rate in Pakistan 29 April 2024
More Stories From Business
-
Poland can help Pakistan combat climate change challenges: Ambassador
1 hour ago -
Pakistan's envoy to Iran visit FPCCI
2 hours ago -
Business community commends PM initiatives of economic betterment
2 hours ago -
RTO Peshawar surpasses revenue target of third quarter
2 hours ago -
Gold rates decrease by Rs 500 per tola to Rs 243,900
2 hours ago -
KPT shipping movements report
3 hours ago
-
'EPD to be digitalized for transparent monitoring of industrial units'
3 hours ago -
Efforts afoot to uplift livestock sector by improving vaccination, control diseases
4 hours ago -
China's cultural sector continues to pick up in Q1
4 hours ago -
Europe's natural gas production falls 8.2% in 2023
5 hours ago -
South Africa calls on Turkish business world to strengthen trade, investment ties
5 hours ago -
Chinese shares close higher Monday
5 hours ago