Monday, December 23, 2013

Brain drain: 2.7m Pakistanis have exited country in last 5 years

The Express Tribune
A total of 2,765,789 citizens, including 31,607 from Balochistan, have proceeded abroad for employment opportunities over the last five years, state the latest figures released by the Ministry of Overseas Pakistanis and Human Resource Development. According to the figures from January 2008 to September 2013, the selection of the workers was prerogative of the foreign employers which is based on the criteria “right person for the right job”. In an earlier report, the Ministry of Overseas Pakistanis had stated that 5,873,539 Pakistanis have emigrated from 1981 to 2012, out of which a staggering 41,498 professional and technical workers left in 2012 alone. The reasons may be varied, but Pakistan will lose out on human resource if the brain drain trend continues. The trend becomes more evident as the amount of remittances overseas Pakistanis send to their families residing in Pakistan keeps growing each year. Expatriate and overseas Pakistanis sent home a record $13.920 billion in the previous fiscal year (July 2012-June 2013), according to data released by the State Bank of Pakistan. The figures show a growth of 5.56% or $733.64 million compared with $13.187 billion a year earlier. The top six destinations are Saudi Arabia, UAE, USA, UK, Gulf Cooperation Council (GCC) countries (including Bahrain, Kuwait, Qatar and Oman) and EU countries, with Saudi Arabia topping the list because of the $4.105 billion Pakistanis sent back home from there between July 2012-June 2013.

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