PM orders to improve Pakistan’s ranking on ‘Ease of Doing Business’ index

ISLAMABAD: Chairman Board of Investment (BoI) Haroon Sharif says Prime Minister Imran Khan has directed to improve Pakistan’s ranking on ‘Ease of Doing Business Index’, where it currently stands on 136 in the list of 190 countries, ARY News reported.

“Pakistan will be among the top 50 countries on the index by next year,” said Sharif while addressing a press conference here.

Flanked alongside Adviser to PM for Commerce, Textile and Industry Production Abdul Razak Dawood, Sharif said the business community had to pay 47 different taxes until three months ago, but now the number of such taxes had reduced to 16.

“Initiating a business in the country was a difficult process in the past, but now a any company looking to get itself registered will be able to do the same from a single place, instead of going to three different places”, he added.

He said Punjab had adopted the aforesaid system and now Sindh would also be transformed onto it. “Such steps will improve Pakistan’s ranking on the World Bank index.”

Haroon Sharif said centers would be opened in provinces aimed at facilitating businessmen. “A facility will also be created that will allow traders to apply online for a business visa,” he announced.

Earlier in his remarks, Abdul Razaq Dawood informed that Pakistan stood at 136 in World Bank’s index of ‘Ease of Doing Business’. He also said the PM had directed to improve country’s ranking on the index.

The post PM orders to improve Pakistan’s ranking on ‘Ease of Doing Business’ index appeared first on ARYNEWS.

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