Why Don't Pakistanis Invest? I EconFest Debate
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- Опубликовано: 4 апр 2023
- "It's All about the Economy"
Government is repeatedly in search of Foreign Direct Investment (FDI) and foreign aid, yet investment in Pakistan remains the lowest in the region. Businesses complain of whimsical and unstable politics, a highly restrictive regulatory environment and poor work culture.
Business growth remains weak, firms not dynamic and new industries seldom open. The stock market is shrinking and has no new listings.
This is not what a pro-youth economy, that offers opportunities, looks like.
#EconFest wants you to think hard about your future, our youth's future, and the future of economic policy in the country.
EconFest wants to build a Pakistan full of opportunities for everyone, especially the youth.
EconFest is an Economy Festival organized for the firs time in Pakistan by @PIDEOfficial, RASTA & PSDE (11th & 12th March 2023, Alhamra Arts Center Lahore).
#Invetment #Pakistan #Economy #Conference #Education #Festival
For Further Details Please Visit:
www.pide.org.pk
@PIDEOfficial
/ pidepk
/ pideislamabad
/ pidepk
/ pidepk
The best investment in Pakistan is world class Madressa. Student (Taliban) from all over the world come
Unfriendly legal, regulatory and bureaucratic environment which is discouraging business activities and investment.
Govt. & institutions patterns religious fundamentalism and ignorance, which scares local and foreign investors.
Discussion goes into circles. Nothing concrete.
Who will invest in your country when you have blocked your neighbour, a biggest market, for trade. Cost of capital is high. Foreign exchange is unpredictable. Logistic cost is high. And the list of woes is is endless
Pak has a very long term investments L-e-T & J-u-D!! Enjoying dividends..
It is blocked as per the Two Nation Theory. You should not worry. Their objective is why the Chinese are not investing or giving them money?
Facts about India
-in the last 7 years India has received $600 billion FDI (foreign Direct investment) from 162 countries across 45 industries &in 34 Indian states & UTs.
-by 2030 India will be $8.5 Trillion economy wit $2 Trillions of exports.
-India has third largest network of Startups
-India has Third largest number of Billionnaires
*also has the highest population *
We are still poor country, our per capita income is still way below compare to Malaysia, Indonesia forget South Korea or Taiwan.
We have highest number of children bellow 5 years with low nutrition.
We have very poor health and education system. Pathetic and biased judiciary.
There is long way to go.
@@nakul_patelAgreed with you.
This discussion should have happened 20 yes back 😂
Even earlier...
bro not 20 yrs atleast 50 or 60 yrs back
Aise hote the, aaj bhi ho rahe hai, par kuch hona nahi hai because they look for messiah, ek banda (rn Imran Khan) to develop pakistan. They do not invest in creating strong institutions.
Never too late
Does not matter. It will be the same discussion after 5 years, can’t say 20 years judging by the current state of affairs.
Great content, good effort 🎉I fully commed and appreciate
Historically, this has never happened. You miss the entrepreneur class.
Do you have Pakistan Army permission to discuss this ... 🤦♂🤦♂
Great discussion. Waiting for more such business leaders to share the valuable insights.
A very small point I would like to make here, the water bottles beside the guests and presenter are from Nestle and they should have gone with a local company so as to show solidarity with the local brands.
Be Pakistani and buy Pakistani (make batter products if needed).
The fact of the matter is, they don't believe in the quality of their own local brands. Even their actions are different than what they speak publicly.
The local brands may be filling the bottles from tankers from Karachi, that's the fear anyways !
Murree brewery is a Pakistani brand its local brand they also have drinking water product should have used that , so be Pakistani buy Pakistani
very unprofessional host, didn't carry the conversation properly, kept interrupting and pushing his own opinions again and again
I agree. What a waste..
Sir in Pakistan every thing is owned by government institution rather than property we don't have any viable investment platform
Eye opening discussion. 👍
Why the nestle CEO is saying they are largest footwear exporter at 25:55
hard to swallow but we are religious country and our religious scholar(except Tableegi jamat) talks about how UNHAPPY a rich person is and these rich are all corrupt so being poor is the CHARM here, we hate rich
The same was the case in India especially with Indira Gandhi, if you cannot make everyone rich, let's make everyone poor. Even the Chinese used to think that way before liberalization.
Is it still possible to invest in the wondrous Pak-made WATER CAR, maybe a new model?
Political, economic and policy stability is the key to become successful in development of a country, also religious extremism like blasphemy also affect the development
The conditions and the Baboo culture superiority discourage our entrepreneurs. The state attitude has always been hostile towards businessmen.
Speakers should be carrying their own reusable stainless steel water bottles. Educated speakers looks hypocritical tossing plastic water bottles.
Sir, if Pakistan can't handle macroeconomics affairs efficiently then why govt don't pave heed on micro economy so that economy could heal to some extent.
My second question is why the incentive being given to large business? Instead govt should give targeted incentive. What do you say?
Invest in aakhirat. There are more benefits of dying than bring alive in islam. Avail hoors, gilma and sharab free of cost after death. Itthe te aata vi nahin labb raya.
Why would people invest in a failing state??
Bhai 30 saal pehle aapke programs toh kashmir pe jihad karne ki thi😂😂😂.... Tab kaha tha yeh program....... It's too late😅😂😂....... Hindu nafrat se kitna agey jayogay
Kitaabee keeray
The sustainable economic growth/development would require another dimension to work on. THE EDUCATION SYSTEM. There must be only ONE education system (we are having multiple). Thinkers belonging to this place should look faaaar into future and figure our what kind of education/ skills would be needed in future. Out of the spectrum of skills/ education so identified select the education/ skills that this group of people could contribute towards and then devise policies that promotes those KEY SKILLS at professional levels.
Here the problem is that this place is not a NATION and therefore there are no nation building thinkers there...
You are correct but that is against Two Nation Theory.
The kind of activities must be banned in Islamic Republic of Pakistan. Interest is Haram. The Holy Quran teaches about life. These greedy people should be put in prison.
If interest is Haram, then why are using the internet?
It Haraaam in islam
A group of these blind men who have never come across an pakistan elephant before and who learn and imagine what the elephant is like by touching it. Each blind man feels a different part of the elephant's body...
do you know any beggars who can invest?🤣🤣
One of the audience is sleeping another one is texting another pretends to listening 😅 so here is the real ans... People have to grow the mindset of business and entrepreneurship first, include business oriented sub in your text book first built the social infra then discuss all of this
INDIA ARE THE STRONGEST BARRICADE TO INVESTMENT IN PAKISTAN.
NOT trading with India is the BIGGEST barricade. Pakistan's inflation will come down in a matter of a few days.
There was a clear tension between the host and Prof. Ijaz Nabi. 😀
One and only reason. Dual nationality..
Why invest in a sinking ship?
The host Shahid ex governor SBP has some kind of personal grievance against the LUMS professor Ijaz Nabi through out the discussion. As he is continuously discard opinions of Ijaz Nabi in this video
Because investment is haram❤
@Zuhaib Baloch islam mei ladkiyo ko slave mana gaya hai, aur unse nikah karna unn par bahut bada ehsaan🙄
Yar Batao ye saray balochi beghairat kiun hote hain
Who told you its haram? There are sharia compliant companies that you can invest in! Pooraa mulk qarza mein duba howa hai wo thek hai lekin khud apni companies mein invest karna haram waah bhai
@@sananaamir1622 except for sharia companies, all companies and investment are haram🙄
The host behavior to the questions was so weird.
Haha , looks like they are being schooled.
Invest in a sinking ship? Not a great idea!
حَسْبُنَا اللَّهُ وَنِعْمَ الْوَكِيلُ
‘হাসবুনাল্লাহু ওয়া নি’মাল ওয়াকিল। ’
‘আল্লাহই আমাদের জন্য যথেষ্ট এবং তিনিই উত্তম সাহায্যকারী, কার্য সম্পাদনকারী।
You guys have misplaced priorities. The whole world is integrated and very much into science and technology. If a country believes only in the medieval religious practices cannot expect other countries to come and invest in them. Then there is this obsession of one-upmanship with India in every field. This is exactly why your country is facing these issues.
Get a better host man!!
Beacause your religion comes in the way, leave fanatisism every thing will be good FRGET KASHMIR tame your army OTHER WISE ALL DISCUSSIONS ARE IRRRELEVANT
Awam needs to remember Islam and the Holy Prophet who created mankind's first economic boom without the accursed interest on any money. So instead of always copying polytheists and other unbelievers, Islamic financial system must be immediately implemented to bring about Haqiqi Riasat e Medina in Pakistan.
Need of the day.
KAMINEY TU INDIAN HAI NA
@@noobmaster6061 Tu kafir harami polytheist-copying jaahil insaan ko deewaron me baantna band kar. Jaise hi Pakistan me Holy Prophet ka Riasat e Madina phir se aaya Teri gaan marenge.
Good Joke
The Quranic verse that makes Riba as Haram was indeed not from Allah SWT, But from Satan, which the Prophet Muhammad PBUH have mistaken as Allah's revelation. Economy cannot function without Interest rate.
Maal-e-ganimat is also sunnah and can solve all the financial problems of Pakistan.
Pak should learn qualified disinvestments too!! L-e-T & J-u-D and other terror groups investments.