What were the factors responsible for declining foreign direct investment (FDI) in Pakistan in 2020 before CORONA?
Pakistan received less FDI than even the Indian city of Delhi. The Government has not been up to the mark and its Finance Minister Mr. Asad Umar is wrongly frustrated over the results only he can deliver. The adviser to the PM on economic affairs, Mr. Abdul Razzaq Dawood is found to call Pakistan a failing state with all the limelight his Government tries to en-cash upon while begging in front of foreign investors.
What the hell? He is raising false flags. We think he should be sacked. Even JKT is found to have stated that we should seek an IMF loan; sooner no later. there is nobody but the IMF that is used to being the lender of the last resort -with the funds available for large loans to a country that needs dollars. No one else has experience or skill. No country can suddenly lend large amounts of money to another country – particularly without a project. China has figured out how to lend for projects.
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