ISLAMABAD: Prime Minister Imran Khan today proudly shared on social media an impressive improvement in business confidence of investors and businessmen in Pakistan.
In a tweet, the prime minister said that the Business Confidence Index (BCI) showed Pakistan standing at a positive score of nine per cent — an improvement of 59 per cent. According to BCI 2020, Pakistan had an overall score of -50%.
The PM further shared that OICCI members’ confidence also rose dramatically. In 2020, Pakistan ranked at -74%. However, this year, the score rose to 34% — an improvement of 108 points.
In August last year, the OICCI shared the results of its Business Confidence Index (BCI) Survey – Wave 19 on its website that showed that the overall Business Confidence Score (BCS) in Pakistan stood at minus 50%, a further drop by 5% from the already -45% score in Wave 18 Survey conducted in August 2019.
In recent months, the economy of Pakistan has depicted an impressive turnaround with robust growth in exports, remittances, stock market, foreign exchange reserves and a sharp decline in the current account deficit in FY21.
