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Corruption in Pakistan scares investors away: Imran Khan

Corruption in Pakistan scares investors away: Imran Khan

August 19, 2016

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Corruption in Pakistan scares investors away: Imran Khan

Zahid ImranbyZahid Imran
August 19, 2016
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Corruption in Pakistan scares investors away: Imran Khan
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imran-khan-aprilISLAMABAD, August 19: Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan on Friday claimed that Prime Minister Nawaz Sharif’s overseas tours remained fruitless as Foreign Direct Investment (FDI) in Pakistan plummeted to less than $1 billion last fiscal year.
In a message posted on Twitter, Khan said that PM’s tours cost Pakistan Rs65 crore but nothing has been achieved.
In a tweet, he questioned: FDI into Pak plummeted to less than $ 1b last fiscal year. So what have PM’s overseas visits, costing taxpayers Rs 65 crores, achieved?
He blamed ‘corruption’ and investment by PM’s children outside Pakistan for decline in FDI.
‘Falling FDI shows corruption scares investors away. Also, when PM’s children invest outside Pak, wrong signals go to foreign investors,’ he said. Comparing Prime Minister Nawaz Sharif’s overseas tours with his Indian counterpart’s visits, Khan stated that Modi brought billions of dollars of investment into India.
In sharp contrast to our PM’s “holiday trips”, Indian PM Modi’s overseas trips have brought billions of dollars of investment into India. Khan alleged that Sharif visits abroad only to expand his foreign business empire and settle financial issues in wake of Panama leaks. -DNA

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