THIS is apropos the article ‘Ease of doing business?’ (Nov 8). The author compared Pakistani FDIs with Bangladeshi FDIs to suggest that ease of doing business (EoDB) indicators need a revision of some sort.
However, he failed to mention the literacy rate, skilled labour and overall security environment conducive for making investments. Bangladesh hasn’t had those issues of extortions and danger to life of investors which the EoDB indicators do not gauge as the EoDB index only looks at the procedural ease with which start-ups can establish themselves.
If Pakistan can make progress in these two areas, it can see a much needed rise in the FDI.
Mir Ali Naqi Talpur
Published in Dawn, November 27th, 2019