Home General No need for IMF if country capitalises on expats, says PM

No need for IMF if country capitalises on expats, says PM

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ISLAMABAD: Prime Minister Imran Khan witnesses the signing ceremony of Agreement for Online Power of Attorney for Overseas Pakistanis, held here Thursday. - PID photo

Monitoring Desk

ISLAMABAD: Prime Minister Imran Khan has said that overseas Pakistanis are the “biggest asset” of the country and the government does not need loans if expats’ full potential is utilised.
“If we fully tap the potential of this asset then we do not need loans or IMF programme,” the premier said while addressing a launching ceremony of digital portal to simplifying the verification process of power of attorney for overseas in Islamabad.
He lamented that the past governments did not consider expats as the asset of the country instead they further created difficulties for them.
The premier said overseas Pakistanis are “desperate” to invest or start a business in their own country but due to the corrupt system they bore losses.
He also thanked the expats for supporting the economy by sending record remittances during his tenure. “But despite this, unfortunately, we have failed to tap the real potential of their investment due to the lack of incentives,” he added.
Speaking about yesterday’s crucial parliament joint session, PM Imran said his government had officially made overseas Pakistanis part of the country’s democratic system.
The government and its allies on Wednesday pulled off a victory against the opposition during a joint sitting of parliament by succeeding in passing the bills that pave the way for holding the next general elections in the country through the use of electronic voting machines (EVMs) and giving around nine million overseas Pakistanis the right to cast their votes in the 2023 polls.
“One of the main benefits of this is that this will compel every government to protect the rights of overseas Pakistanis because they have voting rights now,” he added.
Premier Imran also said opposition parties were against the use of EVMs in the elections “because they are protecting corrupt system” to get benefit from it.
“The main war in Pakistan is between corrupt status quo and the one who want to bring reforms to eliminate corrupt practices through technology,” he remarked.
Meanwhile, Prime Minister Imran Khan on Thursday expressed his appreciation for several of Pakistan Tehreek-e-Insaf’s (PTI) MNAs for attending the joint session in parliament on Wednesday, despite them facing personal issues.
The premier took to his official Twitter handle to laud the MNAs and appreciate their passion.
“On behalf of PTI and the nation I especially want to appreciate and thank the jazba [passion] of our MNAs,” he wrote, mentioning Mohammed Kheyal Zaman, Ehsanullah Tiwana and Rahat Amanullah Bhatti, all of whom attended the session despite being ‘seriously ill’.
The premier also mentioned Interior Minister Sheikh Rasheed, who was present at the session “despite the death of his brother”.
During Wednesday’s session, the government and its allies pulled off a victory against the opposition during a joint sitting of parliament by succeeding in passing the bills that pave the way for holding the next general elections in the country through the use of electronic voting machines (EVMs) and giving around nine million overseas Pakistanis the right to cast their votes in the 2023 polls.
Surprisingly, the legislation pertaining to the electoral reforms – The Election (Amendment) Bill, 2021 – was deferred and only the bills related to using the EVMs and enabling overseas Pakistanis to cast votes were passed.