Pakistan Tax Changes – Another Positive

Deputy Chief Economist

Sharmila Whelan

Independent and original Asian investment research

Aletheia Capital

Aletheia Capital (HK) Ltd. (previously known as Asianomics) combines the extensive knowledge of its experienced team with technology and regulatory changes to disrupt Global Markets business in Asia. The firm is completely independent with no conflicts of interest either on Investment Banking advisory or Capital Markets execution.

Macroeconomics

<p><strong>It is time to take another look at Pakistan. For equity investors it is an opportunity to buy into the domestic growth story and to gain exposure to China’s Belt and Road Initiative (BRI). The rupee may weaken further but valuations are cheap. Pakistan’s seven-year long domestic demand-led business cycle upswing still looks solid while Chinese investment through the China-Pakistan Economic Corridor is re-shaping Pakistan’s economic future. </strong></p>

It is time to take another look at Pakistan. For equity investors it is an opportunity to buy into the domestic growth story and to gain exposure to China’s Belt and Road Initiative (BRI). The rupee may weaken further but valuations are cheap. Pakistan’s seven-year long domestic demand-led business cycle upswing still looks solid while Chinese investment through the China-Pakistan Economic Corridor is re-shaping Pakistan’s economic future. 

Pakistan - Changed Fortunes