Pak­istan rec­og­nized for ease of do­ing busi­ness

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has rec­og­nized Pak­istan at the 105th po­si­tion in ‘ Ease of Do­ing Busi­ness’, and at the 90th po­si­tion in ‘ Start­ing a Busi­ness’.

Among the nine economies of South Asia, Sin­ga­pore tops the list, Mal­dives is at 79, Sri Lanka at 89, Pak­istan at 105, Nepal at 107, Bangladesh at 122, In­dia at 132, Bhutan at 142 and Afghanistan at 160. As such, Pak­istan has the top po­si­tion for ease of do­ing busi­ness in South Asia. On a global scale Sin­ga­pore has topped the list for the fourth time con­sec­u­tively. Hong Kong and New Zealand fol­low in the sec­ond and third po­si­tions, re­spec­tively.

The Ease of Do­ing Busi­ness in­dex is meant to mea­sure reg­u­la­tions di­rectly af­fect­ing busi­nesses. A na­tion’s rank­ing on the in­dex is based on the av­er­age of 10 sub- in­dices: 1. Start­ing a busi­ness - Pro­ce­dures, time, cost and min­i­mum cap­i­tal to open a new busi­ness. Europe and Cen­tral Asia, 18 in the Mid­dle East and North Africa and 8 in South Asia, as well as 31 OECD high- in­come economies. The in­di­ca­tors are used to an­a­lyze eco­nomic out­comes and iden­tify what re­forms have worked, where and why.

The ag­gre­gate rank­ing on the ease of do­ing busi­ness bench­marks each econ­omy’s per­for­mance on the in­di­ca­tors against that of all other economies in the Do­ing Busi­ness sam­ple. While this rank­ing tells much about the busi­ness environment in an econ­omy, it does not tell the whole story. The rank­ing on the ease of do­ing busi­ness scale, and the un­der­ly­ing in­di­ca­tors, do not mea­sure all aspects of the busi­ness environment that mat­ter to firms and in­vestors or that af­fect the com­pet­i­tive­ness of the econ­omy. Still, a high rank­ing does mean that the govern­ment has cre­ated a reg­u­la­tory environment con­ducive to do­ing busi­ness

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