Islamabad: Federal Interior Minister Mohsin Naqvi has urged the country’s business community to repatriate a portion of their foreign-held assets to Pakistan in the three months leading up to the federal budget.
Speaking at a ceremony at the Federation House, he set a target of USD 10 billion and called on investors to bring back 20–30% of their offshore wealth as a demonstration of confidence in the economy.
Naqvi said the government would consider policy incentives and concessions, including a proposed special passport regime, to facilitate and encourage the inflow of funds.
He emphasized that the repatriation process would be streamlined through digital channels, stating that investors would be able to transfer funds using an online system.
The minister described the pre-budget period as critical for strengthening government–business cooperation, adding that a positive response from the private sector could prompt further supportive measures from the government.
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