Government policies flayed: local, foreign investment comes to stand still

23 Mar, 2011

Senator Abdul Haseeb Khan has expressed disappointment over government policies due to which local and foreign investment has come to stand still. Talking to newsmen, he said that local and foreign investors have serious reservation about government policies, non-consultative and non-implementation of their suggestion.
Criticising government policies, he said that foreign investors preferred to stay away from Pakistan owing to prevailing law and order condition, non-availability of power and gas. He said that the government must give-up looking towards IMF and World Bank and start relying on its God gifted rich natural resources. Pakistan has vast mineral and agriculture resources and judicious utilisation of these resources will bailout Pakistan from economic crises and dependence on IMF and World Bank.
Haseeb Khan stated that if government realises existing economic crises and make efforts to improve law and order condition, supply uninterrupted power and gas, develop infrastructure, reduce cost of manufacturing only then Pak manufactures and exporters will come in a position to compete in world market. He emphasised the need that the government must take up issues of education, industrialisation, health etc on priority basis.

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