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Pakistan witnesses dramatic rise in enterprise confidence index

by Pakistan Latest News Update
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ISLAMABAD – Prime Minister Imran Khan Monday shared a survey performed by a world group displaying a dramatic surge within the confidence of overseas buyers in Pakistan’s enterprise setting.

 The premier took to Twitter stating that Pakistan stood at 9% on the Abroad Buyers Chambers of Commerce and Business’s (OICCI) Enterprise Confidence Index (BCI) as in comparison with -50% in 2020.

“More good news on econ front. OICCI’s BCI Survey shows Pak standing at positive score of 9%, an improvement of 59% from -50% score of May ’20,” he wrote.

The PM additional mentioned that OICCI members’ confidence additionally surged dramatically. In 2020, Pakistan ranked at -74%. Nevertheless, this yr, the rating stands at 34%, with an enchancment of 108 factors.

In August final yr, the outcomes of its Enterprise Confidence Index (BCI) Survey – Wave 19 confirmed that the general Enterprise Confidence Rating (BCS) in Pakistan stood at minus 50%.





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