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Technolog & Business News from Pakistan

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Pakistan Faces Brain Drain Crisis with 2.2 Million Leaving in 18 Months

Pakistan, which boasts the 9th largest labor workforce of approximately 60 million skilled individuals, is experiencing a significant brain drain. In 2023 alone, around 1.5 million skilled Pakistanis left the country, and in the first half of 2024, over 700,000 more followed suit in search of better opportunities abroad. This exodus has primarily seen 50% of these workers settling in Saudi Arabia and 27% opting for the UAE.

Karachi Software Engineer Fatally Stabs CEO Over Unpaid Salary Dispute

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This alarming trend means Pakistan has lost nearly 4% of its skilled workforce in just 18 months. The outflow of talent is attributed to high tax rates and a lack of relief for the salaried class, prompting many to seek better financial prospects and working conditions overseas.

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Suleman Dawood School of Business Reaccredited by AACSB International

The situation raises critical questions about the future of Pakistan’s workforce and economy. There is a pressing need to either reconsider the benefits of leaving Pakistan or to urge the government to create opportunities and provide tax relief to retain its skilled labor force.

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