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October 23, 2023
The brazen disregard for civility and international law in the Middle East war zone has deeply saddened and incensed Pakistanis. Beyond its social and political implications, the corporate sector was troubled by the government’s lack of preparedness in dealing with the evolving situation to mitigate potential risks for the already fragile economy. M Abdul Aleem, Secretary General, Overseas Chamber of Commerce and Industry, spoke against armed conflicts without taking a clear position on the bloody war in the Middle East. He was primarily worried about the impact on inflation and the flows of foreign direct investment (FDI) from the West in countries like Pakistan.(more)