FDI or Foreign Direct Investment is any investment that foreigners or foreign companies bring into the country to establish businesses or invest in existing businesses. In our country, FDI is highly encouraged and a foreigner or foreign companies can invest up to 80 percent in a company. However, there are some areas where FDI is not allowed, and one of them is Media.
What's Your Government's Policy Regarding FDI
- Thread starter nomad
- Start date
My government is generally appreciative of FDI. Nevertheless, members of the regime engage in various actions that discourage FDI. For instance, state officers routinely demand huge sums in bribes from foreign investors. The rampant culture of corruption is antithetical to FDI.
Well, the government has no real policy regarding this. This is because foreign investors are not even ready to invest money in our country. This is a harsh reality. They have to improve the economical conditions by making better policies and offer financial securities to make investors confident.
In my country there are a number of fields that are closed to foreign investment, especially industries engaged in the production of weapons, explosives, gunpowder, war equipment etc. but the government is open to investment in the economic sector, education etc.
My government is always declaring its quest to attract FDI on a continuous basis. Nevertheless, the regime is not implementing policies that would make the country attractive for FDI.
I guess certain corruption cartel are responsible for this contradiction.
I guess certain corruption cartel are responsible for this contradiction.
The new government in my country has made moves that will favor the foreign direct investment with the introduction of floating exchange rate policy.
This has made it possible for those staying outside the country to make a lot of gains by sending money to the country.
This has made it possible for those staying outside the country to make a lot of gains by sending money to the country.
The new government should definitely do something. We also have a new government in here. However, they are not really doing anything in order to help people and there is no hope for our country until or unless a revolution comes.
