FDI to surge with better trading across borders
OICCI president says Pakistan has suffered considerably due to negative perception
PHOTO:FILE
KARACHI:
The business community has voiced a firm hope that Pakistan will attract significant foreign direct investment (FDI) for export projects once the country displays a modest improvement in the trading across borders parameter in the World Bank Ease of Doing Business Index.
Speaking to The Express Tribune, Overseas Investors Chamber of Commerce and Industry (OICCI) President Irfan Siddiqui lamented Pakistan’s low regional trade volume despite availability of cheap labour and raw material for the production of export-oriented goods and access to Gulf Cooperation Council (GCC) and Central Asian markets.
Economy on solid growth path: experts
Analysts say GDP growth rate of 5-6% per annum is going to be a ‘new normal’ in next five years
May 17, 2021
ISLAMABAD:
Pakistan economy is on a solid growth path and has the potential to grow at much higher rate in the next five years despite a challenging environment across the globe, Dubai-based Khaleej Times reported while quoting experts.
Top government officials, analysts and corporate leaders repose trust in the growing economy and said GDP growth rate of 5-6% per annum is going to be a “new normal” in the next five years amid strong economic indicators of the country, the newspaper said.
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Pakistan economy on solid growth path; has potential to grow at faster pace: Khaleej Times dailytimes.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytimes.com.pk Daily Mail and Mail on Sunday newspapers.
Dubai: Pakistan’s economy is on a solid growth path and has potential to grow at a much higher rate in the next five years despite a challenging environment across the globe, Dubai-based.