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Microsoft shuts down Pakistan operations after 25 years, claims founding CEO; Ex-Pak President calls it a troubling sign for economy
Microsoft has officially ceased its operations in Pakistan after 25 years, citing economic instability and political turmoil as key factors. The decision follows a period of declining trade conditions, high taxes, and difficulties in tech imports. Former President Alvi linked the exit to missed investment opportunities due to regime change, highlighting a shift towards Vietnam for expansion.
While Microsoft has not issued a public explanation, the company’s exit is widely linked to Pakistan’s unstable economy, shifting political landscape, and weakening trade conditions. Frequent changes in government, high taxes, a fluctuating currency, and difficulties in importing technology have made the environment challenging for multinational corporations.Pakistan’s trade deficit for FY2024 reached USD 24.4 billion. There is increasing joblessness, our talent is migrating abroad, purchasing power has reduced, economic recovery in the 'awami' context feels like a distant & elusive dream.
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