Governor highlights importance of digital economy

"The Future Summit - Leadership in the Digital Economy" began on Tuesday with leaders, innovators and future thinkers presenting their ideas and business strategies. The two-day summit has been arranged by Nutshell Conferences and Corporate Pakistan Group in collaboration with the Overseas Investors Chamber of Commerce and Industry (OICCI) under the patronage of Sindh governor Muhammad Zubair.
Addressing the inaugural session, the governor said digitalization has become important to cope with the growing challenges of the modern era. He said the summit has brought together dynamic individuals, vibrant strategists and leading business figures who would present their ideas in discussion to address both the leadership and business concerns which are crucial to today's world decision-makers.
He said the continuation of the political process is crucial for sustained and long-term economic growth. Digitalization, innovations and developments take place where peace and tranquility prevail. He said major economies such as China, Japan and India have persistent political systems which helped both foreign and local investors to start business ventures without hesitation.
On the other hand, Pakistan's political history is full of events like removal of democratically elected governments, military takeovers, the imposition of Article 58 2(b) of the Constitution to the presidential form of government, and from nationalization to Ziaul Haq's Islamization.
"A sitting Prime Minister [Nawaz Sharif] was removed by the judiciary, leaving the executives completely helpless." he said. However, despite all odds and challenges the incumbent government under the premiership of Shahid Khaqan Abbasi is managing all affairs in an amicable way, he said. Due to the government's good policies, Zubair said, various economic indicators are favourable to the country. Its GDP growth is at five percent, inflation is below five percent, the Pakistan Stock Exchange is performing well and law and order has significantly improved.
In order to attract investments, the governor urged the local corporate sector executives to step up efforts for changing the negative perception about Pakistan in the world. "You have good marketing techniques to showcase Pakistan in the EU and the western world," he said.