ISLAMABAD: Emphasizing the need for transparency for instilling confidence in the business community and investors to attract investment the All Pakistan Business Forum (APBF) has asked the government that its strategies should not only focus on short-term but also cover a long-term vision for speedy economic growth. APBF President Syed Maaz Mahmood emphasized that such transparency from the government is crucial, as the country has had trouble raising enough money to cover its expenses. He said that the domestic investment at the moment is alarmingly low which has sent a negative signal to the potential foreign investors and now is the time that the federal government should give some patient hearing to the private sector calling. He said if the government was seriously desirous of having economic turnaround in the coming years it would have to do two things that are: an immediate freeze on domestic and foreign borrowing and secondly put in place a well-tailored strategy to show-case Pakistan’s potentials to the outer world. news desk
