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Interior Minister Mohsin Naqvi urges businessmen to repatriate 30% of overseas wealth as Pakistan faces reserve pressures ahead of budget.
Interior Minister Mohsin Naqvi has urged businessmen to repatriate at least 30% of their overseas wealth to Pakistan ahead of the federal budget 2026–27.
Speaking at Federation House in Karachi, Naqvi said that significant capital had moved abroad in recent years and that even partial repatriation could provide economic relief. He estimated that around $100 billion had left the country over the past three to four years, adding that $10 billion could return before the budget if action is taken.
The statement comes as Pakistan faces external financial pressures, including the repayment of $3.5 billion to the United Arab Emirates. The country’s foreign exchange reserves currently stand at approximately $16 billion, covering around three months of imports.
Pakistan is also in discussions with Saudi Arabia and China for financial support, while the International Monetary Fund has reached a staff-level agreement for a $1.2 billion disbursement under its existing programme.
Naqvi said authorities could trace financial flows if required and emphasised improving the business environment. He added that efforts are underway to make the Federal Investigation Agency more business-friendly and facilitate traders through visa-related proposals.
