In a recent report, the World Bank has ranked Pakistan at number six amongst the top 20 global reformers. The World Bank also acknowledged Pakistan amongst top 10 economies that improve the most on the ease of doing business after implementing regulatory reform. As per the report, for the first time Pakistan has improved 28 ranks, from 136 to 108, in one year.
A conducive investment climate is instrumental in attracting both domestic and foreign investment by providing a more facilitative institutional, policy and regulatory environment for businesses to operate, says the report.
Source: Gulf News