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Billions in the pipeline, again
EDITORIAL: Apparently, another USD 10 billion to USD 15 billion in investment is waiting to enter Pakistan’s economy, provided the government can produce the right policy framework. The finance ministry now hopes to finalise a National Private Equity Framework within two weeks, drawing inspiration from arrangements in the United Kingdom, India, and the Middle East. The objective is to mobilise domestic savings, attract foreign institutional investors, and provide businesses with much-needed risk capital. All perfectly desirable goals, of course. But after years of ambitious investment announce...
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