A worrying trend is emerging in Pakistan’s economy as multinational companies continue to scale back or completely exit their operations, raising questions about the country’s investment climate.

The latest example is Procter & Gamble, which has decided to wind down its local operations and shift to third-party distribution.

This move follows a series of high-profile exits over the past two years, including Sanofi-Aventis, Eli Lilly, Bayer, Shell, TotalEnergies, Telenor, and Pfizer.

In 2025, Microsoft closed its domestic offices, while Careem suspended services altogether.

These departures are not limited to a single sector. Companies from pharmaceuticals, technology, energy, and telecommunications have all pulled back -- highlighting a broader structural problem rather than isolated b

See Full Page