Pakistan: Gov’t to Roll out Cheaper Airfares to Encourage Digital Remittances

Pakistan: Gov’t to Roll out Cheaper Airfares to Encourage Digital Remittances

Published July 27th, 2020 - 10:30 GMT

































Highlights





The incentives will be rolled out in the next two months.















The Pakistan government is all set to roll out sops like cheaper airfares and additional luggage on flights, to encourage its citizens to remit money through digital channels.

Syed Zulfiqar Bukhari, Special Assistant to Pakistan's Prime Minister Imran Khan on Overseas Pakistanis and Human Resource Development, said that a "whole new set of incentives" will be rolled out in the next two months.

"The government has told private banks to work towards digitisation. We have given them 65 recommendations which will make remitting funds easier for overseas Pakistanis. In the next two months, you will see incentives like a points system which can be redeemed for cheaper airfares, more luggage and for accommodation in hotels, etc."

Pension scheme

The government will also launch a pension scheme for overseas Pakistanis. "We are going to bring informal workers like labourers, drivers, cooks and other domestic workers in the Employees' Old-Age Benefits Institution (EOBI). They will have the opportunity to contribute towards their pension. So we