PM Khan invites CEO of MoneyGram to expand business in Pakistan

November 25, 2019: Prime Minister Imran Khan says his government will provide every possible facilitation to foreign companies for expanding businesses and facilitating overseas Pakistanis sending their hard-earned money back to their homes.

He was talking to a delegation of MoneyGram, headed by its Chief Executive Officer William Alexander Holmes in Islamabad on Monday.

Welcoming the interest evinced by MoneyGram International towards expanding its business in the growing economy of the country, the Prime Minister highlighted significant growth in home remittances, witnessed during current fiscal year, which is expected to further grow in the coming years.

The Prime Minister also highlighted incentive package which is under consideration for attracting greater remittances through formal channels.

William Alexander Holmes informed the Prime Minister that MoneyGram, in line with the vision of the present government, is complementing its efforts towards financial inclusion especially encouraging emigrants to utilize formal channels for safe and speedy transactions.

MoneyGram International Inc. is a globally recognized American money transfer company, which is offering its services at approximately 350,000 agent locations in over 200 countries. It is actively involved in facilitating overseas Pakistanis, with its 7000 partners across the country, to send their remittances back home, to any bank in Pakistan, in an efficient and easy manner.

Radio Pakistan