Streaming of remittances into Pakistan.

As private capital flows have fallen, the International economists reveal that workers' remittances have become an increasingly prominent source of external funding for various developing states. They have also revealed that international migrants contribute positively to economic growth in their countries of destination. In fact, foreign workers assist the start-ups of new firms through supplying additional labors to low- and high-skill labor-markets, this is somehow raises the efficiency of business sector in receiving states.

Besides, the additional foreign workers the additional human capital accumulation in a state, which generates more economic growth and build-ups infrastructure stock that facilitates trade and doing business. In general, international migrants contribute to economic growth and other development activities and enhance the workforce, besides; they raise the efficiency of economies and assist in the technology transfer in the countries of destination. In the list of developing countries, Pakistan is the second largest manpower/labour exporting country of South Asia.

Bureau of Emigration and Overseas Employment (BEandOE) has recorded more than 11.11 million emigrants for employment abroad. During 2019, the Bureau of Emigration and Overseas Employment has recorded 625,203 for overseas employment as against to 382,439 emigrants in 2018 explaining a rise of 242,764 people as against to the previous year.

Statistics showed that Saudi Arabia (KSA) is the main destination country for Pakistani emigrants where greater than 53 percent of emigrants proceeded, followed by UAE (33.78 percent), Oman (4.54 percent), Qatar (3.09 percent), Malaysia (1.81 percent) and Bahrain (1.31 percent). The raise in manpower export during last year was optimistic in terms of remittances which played a vital role to stabilize the economy and containing the current account deficit in Pakistan.

The comparison among provinces during 2019, the highest number of workers went abroad was 312,439 from Punjab, followed by Khyber Pakhtunkhwa (KPK) 186,176. From Sindh the number of recorded workers grew from 41,551 in 2018 to 57,171 during 2019. In other provinces emigration trend is positive except AJK and Northern Areas where minor fall is observed in 2019 as against to 2018.

During 2019, there has been a growing trend in all occupational groups except a minor fall in highly qualified and highly skilled workers in last year. The number of skilled workers...