Bank financing crisis and emerging compliance issues remain concerns for 2025
The biggest problem we foresee for 2025 is that corruption in our bureaucratic system is still not eradicated. In fact, due to these existing corrupt practices, new problems are arising that previously didn't exist. For example, labour unrest with no specific cause.
Moreover, due to the interim government being new and inexperienced, they are dealing with certain international pressures with more emphasis than required, which we typically handle as regular problems. If, in the name of reforms, certain rules and regulations based on international standards are applied to our country, it wouldn't be helpful given the current economic situation.
Another concern is the banking crisis. While gas and electricity problems are easing, banks are largely deficient in funds, which is causing many issues for businesses. These are my main concerns for 2025.
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Fazlee Shamim Ehsan, chief executive officer, Fatullah Apparels
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