what is SECP? and what is impact on economy
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Answer:
ISLAMABAD, August 17: The economic growth of the country is dependent on the inflows of foreign capital from international corporate sector and the SECP is keen to accommodate international companies though liberalization of stringent restrictions.
In the past as well, the SECP has provided all assistance to the international corporate sector in providing ease of starting and doing business and help the existing and prospective foreign companies to expand their investment portfolios in Pakistan. However, SECP is determined to create conducive environment for corporate sector to thrive and provide level playing field to all stakeholders, especially the foreign investors. The SECP is engaging with business leaders, who are the main stakeholder of the economy and without their cooperation and support ambitious reforms agenda will not bear fruit.
The SECP Chairman expressed their views while taking part in a candid discussion regarding the issues in corporate governance held by the CEOs of multinational companies who had gathered under the platform of Overseas Investors Chambers of Commerce and Industry (OICCI). The event was hosted Nestle Pakistan with a view to complementing the role of SECP in promoting international businesses
Explanation:
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