Foreign companies to be provided all facilities for expanding business: PM

Prime Minister Imran Khan has said that his government will provide every possible aid to foreign companies for expanding businesses, and facilitating overseas Pakistanis in sending their hard-earned money back home to Pakistan.

He was talking to a delegation of MoneyGram, headed by its Chief Executive Officer William Alexander Holmes here on Monday.

Welcoming the interest shown by MoneyGram International towards expanding its business in the growing economy of the country, the Prime Minister highlighted significant growth in home remittances witnessed during the current fiscal year – numbers that are expected to further grow in the coming years.

The Prime Minister also highlighted incentive package which is under consideration for attracting greater remittances through formal channels. 

William Alexander Holmes informed the Prime Minister that MoneyGram, in line with the vision of the present government, is complementing its efforts towards financial inclusion especially encouraging emigrants to utilize formal channels for safe and speedy transactions.

MoneyGram International Inc. is a globally recognized American money transfer company, which is offering its services at approximately 350,000 agent locations in over 200 countries. It is actively involved in facilitating overseas Pakistanis, with its 7000 partners across the country, to send their remittances back home, to any bank in Pakistan, in an efficient and easy manner.

Must Read

Govt seeks World Bank’s assistance to restructure $230mn loan 

The Competitive and Livable City of Karachi (CLICK) project faced delays due to the COVID-19 pandemic, monsoon rains, flooding, and changes in the local government law