What are the key recent developments affecting doing business in your jurisdiction?
Business in Pakistan is being affected by the following:
- A deteriorating law and order situation.
- A severe energy crisis.
- Circular debt in the power sector.
However, for the first time in Pakistan’s history a democratic government completed its term in 2013 and the new elected government will complete two years in May 2015. This indicates an improvement in the political stability of the country which should encourage foreign direct investment in Pakistan.
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