Sindh, CDKG govts not as good as Lahore’s: survey
*American Business Council says law and order poor
KARACHI: The performance of the Sindh Government and the Karachi City Government falls short when compared to the performance of the Punjab Government and the Lahore City Government.
This was revealed in a survey conducted by the American Business Council (ABC) and released on Thursday. Eighty-five percent of the council members participated in the survey.
Twenty-eight percent of the members said that the performance of the Sindh Government was poor while only three percent said that the performance of the Punjab Government was poor. Similarly, 13 percent were unsatisfied with the performance of the Karachi City Government as compared to zero percent for the Lahore City Government.
Around 75 percent said that they were planning to invest over the next twelve months. Of them, 38 percent said they would make large investments while 62 percent said their investments would be smaller. Seventy-six percent of the members considered the law and order situation to be poor.
The survey revealed the members’ perception of the business, economic and investment climates in the country and the performance of the relevant government ministries and departments, including the provincial and city governments.
Iqbal Bengali, president of the ABC, said, “This year’s survey results revealed a positive outlook on the overall business and economic climate.” The members gave high ratings to the State Bank of Pakistan and the Securities and Exchange Commission of Pakistan. They also praised the Central Board of Revenue, particularly its income tax and customs departments.
Ministries of Industries and Production and Commerce were favorably rated by the members whereas Interior and Law got an unfavorable rating along with the Intellectual Property Organization of Pakistan. The Ministry of Labor and Manpower got a satisfactory rating. In addition, 38 percent of the respondents expressed concerns over international perceptions. According to the results, 92 percent of the members are positive about the overall business climate in the country, 80 percent rated the economic climate good and/or fair and 72 percent expressed reservations over the internal political situation.