In a bid to lure foreign investments, Pakistani rulers have touted a potential windfall of up to $70 billion. However, analysts and experts are grappling with the feasibility of such a massive influx, given the current precarious state of the nation’s economic fundamentals.
Stability, Institutional Strength, and Global Economic Climate: Key Indicators for Investment
Faisal Mamsa, CEO of Tresmark, emphasizes the importance of stability, robust institutional capacity, and a favorable global economic environment for investors. Given Pakistan’s current standing, these crucial factors appear to be working against it, particularly if the details of the proposed $70 billion investment remain nebulous.
In this article:asim munir, coercive measures, currency crisis, currency market, dollar's value, economic fundamentals, economic growth, economic stability, exchange companies, foreign exchange reserves, foreign investments, general elections, global economic environment, hundi/hawala networks, illegal currency exchanges, imf, institutional capacity, letters of credit (LCs), market skepticism, Military, open market, pakistan, Pakistan Army, rate differentials, Saudi Arabia, Special Investment Facilitation Council (SIFC), specifics, stability, transformative change
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