American Business Council of Pakistan (ABC), a formal association of American Multinationals operating in Pakistan conducts informal business survey annually to assess how their members view investment climate in Pakistan.  The survey conducted in July – August, 2002, shows that Pakistan's economy is picking up and the investment environment is improving. 

KEY RESULTS OF THE SURVEY

• 85% of respondents indicated improvement in Pakistan's overall economic prospects while 73% indicated improvement in Domestic Economy.
• 83% reported increase in their revenues in Rupees while 78% in US $ terms.
• 79% observed that the policies were more consistent than before while 68% felt that the Government was positively impacting business.
• 75% indicated increase in their pre-tax profits.
• 63% indicated improvement in implementation of policies by the Government.
• 51% of the respondents reported that they were planning to expand investment in Pakistan.

Based on their dealings, most of the responding members indicated that working of the Government departments had generally improved.

            ::. STATUS OF RESPONSES.

            Members polled                         58

            Members responded                 40

            Response %                               69

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