Wednesday, 06 November 2024, 04:39:15 pm


 
Humayun Iqbal Shami (Chairman, Pakistan Economic Forum):

Foreign Direct Investment plays vital role in economic development of the country. The government is taking steps in the right direction. At present, Ease of Doing Business rate in Pakistan is low. The government needs to utilize resources to attract foreign investment and introduce reforms in tax system in order to facilitate the local investors as well. It is a positive development that the government is committed to ensuring ease of doing business for investors and also competitiveness for multinational companies. The confidence of foreign businessmen needs to be revived to boost investment in the country. There are many avenues to be explored in the country.