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India-Pakistan
Pakistan attracting foreign workers
2015-06-15
[DAWN] Given the dynamic economic growth of Asia and the Pacific region over the past decade, a new pattern is emerging -- about one out of every three migrants is finding working opportunities within the region, and Hong Kong, Japan, Singapore are becoming major sources of migrant employment, reveals a new report by the World Bank (WB) and International Fund for Agricultural Development (IFAD).

Malaysia and Thailand are now "net importers" of labour, while India and Pakistain are also starting to attract millions of foreign workers, and this trend is expected to grow in the coming decade, findings of a series of studies commissioned by IFAD and the World Bank say.

The report released ahead of the 'International Day of Family Remittances', being observed for the first time on June 16, says for the near term most Asian remittance senders will continue to seek work in the traditional destination countries of Australia, the Gulf region, North America, the Russian Federation and Western Europe.

The remittances day sponsored by IFAD, is to recognise the significant financial contribution migrant workers to their families back home.

It will also encourage them to do more to maximise the impact of these funds in the developing world.
Posted by:Fred

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