Staff Reporter
Islamabad
Secretary General (Federal), FPCCI’s Businessmen Panel, Ahmad Jawad on Monday stressed that Pakistan’s national interest demands reduction in heavy dependence on foreign countries and aid agencies in order to develop a viable self-sustaining economy.
In a statement issued here, Ahmad Jawad said weak governance, lack of commitment, corruption, external and internal threats has led to Pakistan being heavily reliant on foreign assistance. “We have to recognize the paradoxes that we face. We are proud to be a nuclear-armed country, and justifiably so, but on the other hand we are so dependent on others to keep our economy afloat. This is a huge contradiction,” he added. The FPCCI BMP Secretary General also expressed surprise over the instability of Pakistani rupee despite an improving current account position.
