Foreign investors will be given special protection, officials said. Photo: File
Islamabad: The government allowed foreign investors to remit their entire profits abroad in their own country’s currency.
According to sources, the federal cabinet has allowed foreign investors to invest in all sectors except six industries under the Pakistan Investment Policy 2023.
Also read: Investment Board, decision to introduce Ease of Doing Business Bill
According to sources, officials say that special protection will be provided to foreign investors. According to officials, the aim of the policy is to pave the way for foreign investment of 20 to 25 billion dollars.
(function(d, s, id){
var js, fjs = d.getElementsByTagName(s)[0];
if (d.getElementById(id)) {return;}
js = d.createElement(s); js.id = id;
js.src = “//connect.facebook.net/en_US/sdk.js#xfbml=1&version=v2.3&appId=770767426360150”;
fjs.parentNode.insertBefore(js, fjs);
}(document, ‘script’, ‘facebook-jssdk’));
(function(d, s, id) {
var js, fjs = d.getElementsByTagName(s)[0];
if (d.getElementById(id)) return;
js = d.createElement(s); js.id = id;
js.src = “//connect.facebook.net/en_GB/sdk.js#xfbml=1&version=v2.7”;
fjs.parentNode.insertBefore(js, fjs);
}(document, ‘script’, ‘facebook-jssdk’));