202103 Mar
Pakistan improves its position on WB ease of doing business index
General News

Pakistan’s ranking in this indicator has improved from 130 to 72 and is placed at 2nd position in South Asian countries in terms of ease of Starting a Business. The administrative powers under the STA relating to operationalization of the STR have been entrusted to the Commission through the Financial Institutions (Secured Transactions) (Amendment) Ordinance, 2020. The session conducted online was presided over by Hashim Raza, Chief Executive Officer (CEO) SMEDA and was attended by a large number of participants from chambers of commerce & industry, and trade associations of Lahore, Sialkot, Karachi, Dadu, Peshawar, Chakwal, Jehlum, Sahiwal, Mirpurkhas, Mardan, and Kohat. In his opening address, Hashim Raza said that SMEDA had started a move to facilitate creation of a conducive business environment for SMEs in the country. He invited the participants to share their views, proposals and recommendations for consideration of the government while formulating the Federal Budget 2021-22.

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