Pakistan Economic Crisis : Will Pakistan's New Plan Be Useful To Overcome The Crisis?
Yuva Patrkaar : Pakistan is currently facing economic crisis. For the last few years, Pakistan has sought financial help from many countries. Many countries have also helped them. But instead of improving the conditions of Pakistan, they are worsening further. Now Pakistan has taken a big step to improve its poor financial conditions.
What is the new plan?
To strengthen its deteriorating economy (Pakistan Economic Crisis), Pakistan has made changes in the Visa Policy. He introduced a new visa policy. The purpose of which is to influence foreign investors and travelers. The previous Shehbaz Sharif government took this decision in the meeting of the ‘Special Investment Facilitation Council’.
Caretaker Prime Minister Anwar-ul-Haq Kakar issued a recorded message after the meeting and said that all foreign investors who want to invest in Pakistan. The Visa Policy (New Visa Policy) was simplified for them. Any business organization can apply for visa only through a single document.
What will be the benefit?
After the implementation of new visa rules, many foreign investors will come to invest in Pakistan. This can increase the trade sector in the country. Earning more and more foreign exchange will improve the economic conditions of the country. The trade area will be wide. Inflation has reached sky high in Pakistan. Food items are also being sold at many times higher prices. Electricity bills are also much more than the monthly salary of many people.
These countries can invest
Gulf Cooperation Council countries had earlier also expressed their desire to invest in Pakistan. After the implementation of this new visa policy, many countries like Kuwait, Oman, Bahrain, Saudi Arabia, Qatar and United Arab Emirates can come forward to invest in Pakistan.
Superfast News Coverage By YuvaPatrkaar.com Team
Publish Date: September 12, 2023
Posted By Ravi Kumar
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