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Remittances target expected to be surpassed

SBD-3

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According to SBP, home remittance in the first ten months of the current fiscal (July-April 2010-11) rose by 23.8% over the same period last fiscal to $ 9.046 bn aided by record inflows of $ 1.052 bn in March and $ 1.030 bn in April. With two months’ inflows still remaining, the remittance has already surpassed the full fiscal target of realizing $ 9.0 bn.
 
Most of the Pakistani are now using legal channels instead of hawalas and hundis so in reality its only the counters going up in legal system not the real money coming into peoples hands.!
 
I think if we can now shift to using solar , and clear energy , the 9 billion can stay in Pakistan economy and not get sent out by buying petrol from outside
 
Solar is useless considering battery life is maximum 2 years .. so huge cost for buying batteries for already poor people ...

WIND POWER i'll go for .
 
Most of the Pakistani are now using legal channels instead of hawalas and hundis so in reality its only the counters going up in legal system not the real money coming into peoples hands.!
There is a big difference in both channels. While the money flows are same through both channels, dollars sent through hundi and hawala remain in non resident hands and dont come into our foriegn accounts (Nostros) which collectively form our reserves. So when these remittances take effect through legal channels, our reserves increase and so does the international health of our country
 
Solar is useless considering battery life is maximum 2 years .. so huge cost for buying batteries for already poor people ...

WIND POWER i'll go for .
Solar panels are waste but there is something called solar concentrator and ORC which is far more efficient and economical plus engineering resources exisist to locally produce ORC in Pakistan. Been doing a lot of research on them since now i own an Energy company.

I think if we can now shift to using solar , and clear energy , the 9 billion can stay in Pakistan economy and not get sent out by buying petrol from outside
We are exploring way to produce electricity from various kinds of waste and even waste heat coming out of industrial facilities. The cost is actually 5 times lower than ORC however the product is still in prototype states.

PM me for more details.
 

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