Re: Ease of doing business: Pakistan 1st in S. Asia
This is great news but Pakistan has taken the top spot for a number of years.
The security situation is the biggest issue for Pakistan. Almost all risk assesments have proven negative for FDI in Pakistan due to this unfortunate situation.
I was working with a Hedge Fund in relation to investments in formerly state owned enterprises, and despite the strong numbers and the thumbs up from the quants, the deal fell apart due to the political crisis emanating from the extremist threat to the country.
We need good PR and better security.