Pakistan’s Army of Overseas Workers Keeps Economy From Collapse

[Med911]

Re: Pakistan’s Army of Overseas Workers Keeps Economy From Collapse

@diwana

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.

Who builds the houses? Does Pakistan not benefit through the real estate industry? Or is Baharia town of no beneift what so ever? How many people are employed during the construction of one large home? Does the concrete and marble that we find in many of these homes come from abroad?
When they have lavish weddings, is the food imported? Are the maddeningly extravagant bridal garments imported? I mean, they do contribute something.

The power supply situation is one thing, but the same people adding to the power demand, also end up contributing through greater purchasing power. A large grocery chain for example or large mall employs god knows how many people, but not one of those people would have a job if there weren’t people with the capacity to purchase.

Think about large schools and universities, how many of their students depend on money from abroad.

The money from abroad filters into multiple tiers of society.