Who vetted her? Readers react after Julie Payette resigns as Governor-General after probe into workplace harassment claims
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Jan 21 2021 Read 426 Times
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Traders express concern over plunge in FDI
Urge govt to introduce favourable policies to attract local, foreign investment
Amounts to $1.45b in 11MFY16 compared to net FDI inflow of $1.08b. PHOTO: REUTERS
ISLAMABAD:
The business community has expressed grave concern over 30% plunge in foreign direct investment (FDI) in Pakistan in the first half (July-December) of current fiscal year 2020-21.
Keeping that in view, the Islamabad Chamber of Commerce and Industry (ICCI) on Tuesday called on the government to draft favourable policies in order to attract domestic and foreign investment into the country, terming it vital for steering the economy out of current challenges. In a joint statement, ICCI Acting President Fatma Azim and Vice President Abdul Rehman Khan said as per latest data released by the State Bank of Pakistan, the country received $952 million worth of foreign investment during July-December 2020.
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