Salman Sufi, the head of the Strategic Reforms Unit under the Pakistani Prime Minister, has made suggestions that the government may be considering controlling the startup sector.
Sufi stated in a tweet that businesses that primarily rely on acquiring capital and ultimately collapse owing to a weak corporate structure must be avoided.
“We can’t allow few to taint the market for the entire industry,” the PM’s adviser continued.
Sufi’s concept received little attention, and many other users questioned him for putting out something that would potentially harm Pakistan’s startup sector.It is important to note that Pakistani companies have attracted significant investment in recent years.
