One, Naya Pakistan Certificate (NPC): There is inordinate delay in revising the returns offered on both PKR and USD instruments.
Lately, Egypt raised global debt at nearly 11% yield having a better credit rating than ours. There is no harm if we were to borrow at 9-10% from overseas Pakistanis with additional benefit for rupee conversion. The reduced tax rate incentives must continue for both instruments
Two, Loyalty Remittance Cards: Pakistanis spending X amount of money back home via remittances should be rewarded with credits, with 2-3% of tax credits on incremental inflows with concrete benefits.
The intent is to use Pakistan for their banking needs and make it easier to borrow from them
Three, Overseas Pakistanis Justice Courts: There should be dedicated courts to hear legitimate legal cases of overseas Pakistanis pertaining to civil and criminal nature with a time-bound trial to be concluded.
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