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OmaR UK
'$900 million investment poured into country'

ISLAMABAD (April 30 2005): Advisor to Finance Ministry, Dr Ashfaq Hassan has said that foreign investment worth $900 million poured into the country during last nine months, which was 53percent as compared to last year. Talking to Voice of America, he said there was no law and order situation in the country and about eight hundred people came from abroad in 2005. He said stability in country's economy and continuity in policies were very important elements to encourage investors, he said, adding all these things existed in Pakistan at the moment.

The business expansion activity in the private sector was on the pace of rapid boost as the sector had got loans worth Rs 700 billion during the past 21 months.

Sharif Smuggler
QUOTE(omarleeds @ May 1 2005, 11:02 PM)
Talking to Voice of America, he said there was no law and order situation in the country and about eight hundred people came from abroad in 2005. [right][snapback]623693[/snapback][/right]


I think he meant there was no law and order problem in the country, but what the hell is that about the 800 people? read.gif
Slayer
53 % in 9 months means a reduction! Or if he is comparing these 9 months with whole last year, it means in 75% time we got 53% of money. Even then it is a bad news!
pafinternational
i think he meant an increase of 53% in 9 months compared to last year
Slayer
ok, that is also possible, keeping in view that our poloticos are really bad at maths! W00T.GIF
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