Re: Pakistan’s Army of Overseas Workers Keeps Economy From Collapse
Not necessarily. Many lavish items are imported. Pakistan does not manufacture a whole lot of these items.
Hence, the money goes out via imports. Plus inflation in terms of higher prices of local goods, housing and amenities.
When buying power and demand goes higher, prices increase especially if the supply is limited.
What I meant is ‘importing money’ is not what really helps.
It is a catch 22 situation however.