Federal Interior Minister Mohsin Naqvi has said that around $100 billion left Pakistan over the past three to four years. He urged traders to bring back at least 30 percent of their overseas funds. He said even partial repatriation could significantly boost the economy.
Speaking at the Federation House in Karachi, Naqvi said Pakistan offers strong business returns compared to global markets. He encouraged investors to use Roshan Digital Accounts and repatriate funds before the budget. He added that returning even a portion could bring over $10 billion into the country.
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Naqvi said the government is working to improve the business environment and streamline FIA procedures. He also announced proposals for special passports for businesspersons after verification. He said Pakistan aims to improve its passport ranking and ease visa access for genuine traders.
Furthermore, the minister claimed that major financial transactions involving several groups in Karachi have been detected. He warned against illicit money transfers and said strict action would follow. He also suggested shifting more financial flows through formal banking channels.
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Naqvi added that Pakistan is focusing on investment in housing, tourism, and infrastructure projects. He highlighted development plans in Islamabad and potential investment opportunities in Balochistan. He said the government aims to create a business-friendly ecosystem for domestic and overseas investors.