The Centre for International Private Enterprise (CIPE) has successfully completed the second year of its existence in Pakistan. The Country Director, CIPE Pakistan, Moin M Fudda said this on Sunday.
He said that since its inception in Pakistan in January 2006, the CIPE has successfully supported its local partners' to improve the business environment through advocacy and the development of effective, democratic policy dialogue.
Fudda pointed out that the CIPE works with the chambers of commerce and other business associations to lead market reforms to in order to support Pakistan's emergence into the global economy and to work actively in shaping Pakistan's economic and democratic roadmap.
He said that the CIPE's strategy in Pakistan focuses on strengthening the business community through technical assistance and legal reforms that will create a competitive environment for chambers and associations and promote democratic and economic reform.
Further, the CIPE director pointed out that an important element of the CIPE's work in Pakistan is to encourage policy advocacy on key business issues in order to help promote more democratic interactions between the business community and the government. "Moreover, the CIPE is focusing on Pakistan's microfinance sector and building venture capital and private equity to encourage economic growth", he maintained.