Tuesday, March 8, 2016

Overseas investment challenges

FBCCI wants freedom in overseas investment by local entrepreneurs
Investors have been called upon to invest abroad, to eventually utilize and boost our current foreign exchange reserves of US$28 bn. For such, the current account needs to be converted so that investors can invest outside the country.


Further, loan default problems, promotion of corporate governance, proper enforcement of laws and consumer rights and bankruptcy, and promotion of a culture of self control by chambers and  associations as challenging for the private sectors integrity.

More about the fight for transparency and dealing with corruption in the private sector can be found in the news link covering a seminar with the FBCCI, NBR, JICA nad NIS.

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