LAHORE: President of the Pak International Business Forum (PIBF), Dr Mushtaq Mangat, and Secretary General Muhammad Ejaz Tanveer have called upon the government to introduce a comprehensive and investor-friendly package aimed at repatriating overseas investments of the Pakistani business community back into the country.
In a joint statement, the PIBF leadership highlighted that a substantial volume of Pakistani capital remains parked abroad due to policy inconsistency, high taxation, and regulatory bottlenecks. They emphasised that Pakistan is currently at a critical economic juncture, where the mobilisation of both domestic and expatriate capital can play a pivotal role in strengthening foreign exchange reserves, accelerating industrial growth, and generating much-needed employment opportunities.
Dr Mushtaq Mangat stressed the need for a time-bound incentive package that facilitates the seamless return of capital through simplified and transparent procedures. He underscored that such a policy framework must include tax incentives, legal protection of investments, and firm assurances against retrospective taxation to restore investor confidence and encourage long-term commitments.
Muhammad Ejaz Tanveer pointed out that regional economies are actively offering competitive incentives to attract foreign and diaspora investments. He cautioned that without a proactive and business-friendly policy environment, Pakistan risks missing out on critical investment inflows.
He further emphasised the importance of establishing a one-window operation to streamline processes and significantly improve the ease of doing business.
Copyright Business Recorder, 2026
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