IoBM Hosts Discussion on Pakistan’s Investment Landscape with Muhammad Azfar Ahsan
The Institute of Business Management (IoBM) hosted a session today featuring Muhammad Azfar Ahsan, founder and chairman of Nutshell Group and former Minister of State and Chairman of the Board of Investment. The event focused on the investment climate in Pakistan.
Event Highlights:
- Speaker Introduction: The session was introduced by IoBM President, Talib Shahjahan Karim, to an audience comprising diverse corporate leaders.
- Analysis of Investment Climate: Azfar Ahsan presented an analysis of Pakistan’s investment landscape over the past 20 years, highlighting the performance of various governments, significant challenges, and opportunities.
- Strategic Recommendations: He concluded with strategic recommendations for sustainable growth, emphasizing the importance of Foreign Direct Investment (FDI), overcoming systemic challenges, and strategic investment planning.
- Role of Political and Religious Influences: Ahsan discussed the role of political and religious influences in shaping economic strategies and stressed the need for data-driven policymaking.
- Youthful Demographic: He emphasized the potential economic gains from Pakistan’s youthful demographic, which constitutes 67% of the population, and advocated for a comprehensive 15-year strategic plan.
- Governmental Reorganization: Ahsan recommended reorganizing governmental institutions to meet contemporary economic demands, enhancing collaboration between ministries, and integrating private sector expertise into public governance.
- Cultural Shift: Addressing the productivity and satisfaction disparity in Pakistani society, Ahsan called for a transformative cultural shift towards efficiency and productivity.
- National Unity: He stressed the importance of a national strategy to overcome political polarization and urged citizens to unite under a shared vision for Pakistan’s future.
The session offered attendees valuable insights into the challenges hindering Pakistan’s economic growth and provided clear strategies for potential advancement and development across the nation.