Naqvi Urges Business Community to Bring Back 20-30% of Offshore Funds
Naqvi said the move could bring back up to $10 billion before the budget and warned of strict action against illegal transfers.
9 Articles
9 Articles
Naqvi calls on businessmen to bring back ‘20-30pc’ of wealth to Pakistan
Interior Minister Mohsin Naqvi on Tuesday called on the business community to bring back “20-30 per cent” of their wealth to Pakistan ahead of the upcoming budget. Speaking at a ceremony at the Federation House in Karachi, he said that the government would facilitate the business community but “at least give this one gesture over the next three months, before the budget and then see what happens”. “It is not tedious. You have to go online and us…
Naqvi urges businessmen to bring back at least 30% of their wealth to Pakistan
FIA to be made business-friendly: interior minister.Overseas funds can be traced if needed: Naqvi.Pakistan prepares to repay $3.5b UAE debt this month.Interior Minister Mohsin Naqvi has urged businessmen to bring back at least...
Businesspeople urged to bring wealth back to Pakistan
KARACHI: Federal Interior Minister Mohsin Naqvi has issued a direct appeal to the country’s business elite, urging them to reinvest a portion of their foreign wealth currently parked in safe havens back into Pakistan over the next three months as a gesture of confidence ahead of the upcoming federal budget. The minister set a repatriation target of USD10 billion and proposed a fascinating special passport regime and policy concessions as incenti…
Naqvi vows business-friendly reforms, urges repatriation of capital
F.P. Report KARACHI: Federal Minister for Interior and Narcotics Control Syed Mohsin Raza Naqvi on Tuesday said the government would make the Federal Investigation Agency (FIA) as business-friendly as possible, while moving to wrap up legacy issues that have long affected the business climate. Addressing members of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) during his visit to its head office as chief guest, the ministe…
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