A survey by the Majlis Research Center (MRC), the research arm of the parliament, says security of investment improved slightly in the fourth quarter of the last fiscal that ended in March compared to the third quarter.
Investment security index in winter was 5.92 out of 10 (10 being the riskiest), up 0.34 points compared to the previous season when it was 6.26, it said.
Safety of investment can be sustained in its entirety, the MRC says, when macroeconomic variables (such as inflation and forex rates) are stable or at the least predictable.
It delineates that for creating a safer business environment, regulations, decisions and procedures should be consistent, transparent, and easy to implement. And if and when there are changes, all stakeholders must be notified within a reasonable timeframe before implementation.
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