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Pakistan to become top place for investment next year: Imran Khan

by Web Desk October 24, 2019

AA

 Pakistan to become top place for investment next year: Imran Khan

ISLAMABAD: Prime Minister Imran Khan on Thursday expressed the confidence that Pakistan would become one of the top places for investment before the end of next year.

“The government has fulfilled another of its manifesto commitments by showing improvement in the ease of doing business,” PM Imran Khan said in a tweet.

Also Read: Imran Khan urges media to play its role in highlighting positive economic indicators

He said Pakistan had achieved the biggest improvement in its history in the World Bank’s Ease of Doing Business rankings. He said over the last decade Pakistan’s ranking had slipped more than 50 places. Now, we have improved 28 places from 136 to 108.

Congratulating the hard work of his team, the prime minister said, “We still have a long way to go.”

I want to congratulate all the people in our govt who worked hard to make this happen. But we still have a long way to go. InshaAllah before the end of 2020 Pakistan will become one of the top places for investment.

— Imran Khan (@ImranKhanPTI) October 24, 2019

Earlier, Imran Khan had asked the media to play its role in highlighting positive economic indicators for strengthening the confidence of investors.

“With the economic indicators depicting improvement, the government’s efforts to stabilise the country’s economy has started bringing positive results,” the PM said while talking to senior journalists and anchorpersons in Islamabad.

On Oct 18, the premier had said it was a great achievement of his economic team to turn around the national economy within a year.

In a tweet with facts and figures, Imran Khan had said the Foreign Direct Investment witnessed an increase of 111.5 per cent while Foreign Private Investment surged by 194 per cent during this period.

He had said Current Account Deficit had gone down by 80 percent during the corresponding period while the remittances increased by 17 per cent.

Similarly, exports registered an increase of 5.9 per cent over the last year while imports decreased by 18.6 per cent.

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