Aurangzeb reviews progress on PASSCO, USC closure
Updated 1 hour ago
Reforms to improve B READY ranking
Measures being taken after Pakistan ranked 17th among 101 economies
Photo: Reuters/ File
The Securities and Exchange Commission of Pakistan (SECP) has approved regulatory reforms aimed at improving Pakistan's performance under the World Bank Group's Business Ready (B READY) assessment, a statement said on Monday.
Pakistan ranked 17th among 101 economies with a score of 86.64 in the Business Entry category of the B READY 2025 Report. The reforms are designed to close the remaining gaps and bring the country's business framework closer to leading international practices.
Under the reforms, automated sharing of updated company information with the Federal Board of Revenue (FBR) through APIs will be expanded, in coordination with the Board of Investment, to streamline compliance and reduce duplication for businesses.
The commission also approved measures to make information on environmental approvals and operating permits accessible through SECP's website.
MOST READ
PTI's Hammad Azhar arrested in Multan
56 civil defence officials face disciplinary action in Punjab
Afridi vows not to leave Sindh without launching street movement in Karachi
Iran can 'ground' American forces anywhere: Iranian naval commander
Former Quetta police surgeon Dr Ayesha Faiz remanded in CTD custody for three days
COMMENTS
Comments are moderated and generally will be posted if they are on-topic and not abusive.
For more information, please see our Comments FAQ