Microsoft Exit Sparks Alarm Over Pakistan’s Deteriorating Business Climate
By : Krishna Mishra
Pakistan is grappling with a critical question: Will any major company or business remain in the country? Social media is flooded with concern over the nations worsening business climate, a debate intensified by the recent exit of a global tech giant after 25 years.
In todays DNA, Zee News Managing Editor Rahul Sinha explains why big companies like Microsoft are leaving Pakistan.
One of the worlds largest IT companies, Microsoft, has shut down all its offices in Pakistan. Microsoft opened its first office in Pakistan in 2000, but within 25 years, the company has been forced to leave the country. The companys Pakistan head said the decision was due to industrial policies in Pakistan that had become increasingly challenging for the company.
The world has seen many reports about rising inflation in Pakistan. The countrys collapsing economy makes headlines on news channels almost every other day. Amid all this, a bitter truth about Pakistan has come to light today.