Arif Habib, Chairman of Arif Habib Group, emphasized that Pakistan's elevated energy costs and corporate tax burden (up to 50-60% with levies) significantly deter both domestic and foreign investment. He noted that high production costs erode competitiveness, hindering export growth compared to regional economies. Habib believes reducing these costs would spur economic development and investment. This could signal potential government policy shifts to boost economic activity, which might indirectly influence USD/PKR stability and investor sentiment towards gold.
بحوالہ / Source: www.brecorder.com