Pakistan

$100 billion belonging to Pakistanis held abroad; even partial repatriation could boost economy: Mohsin Naqvi

Karachi: Interior Minister Mohsin Naqvi has stated that a significant amount of Pakistani wealth—estimated at around $100 billion—is currently held outside the country.

He remarked that if the business community manages to bring back even 30% of these funds, it could lead to a major improvement in Pakistan’s economic conditions.

Speaking at an FPCCI event in Karachi, he suggested that decisive action from investors and traders could result in billions of dollars entering the country ahead of the upcoming budget cycle.

Naqvi also highlighted proposed facilitation measures for the business sector, including the possibility of issuing a dedicated passport category for entrepreneurs. He further said that reforms are being considered to make the Federal Investigation Agency (FIA) more business-friendly to support commercial activity.

Reaffirming the government’s stance, he emphasized efforts to restore confidence among investors and create a more favorable environment for economic growth, noting that Pakistan offers substantial opportunities for investment if properly utilized.

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