Business challenges: Govt expected to focus on reasons

Pakistan fell sharply from 75 in 2010 to 128 in 2015 out of 189 countries on “Ease of Doing Business”


Our Correspondent January 30, 2015
Pakistan fell sharply from 75 in 2010 to 128 in 2015 out of 189 countries on “Ease of Doing Business” ILLUSTRATION: JAMAL KHURSHID

KARACHI:


There are lots of challenges to businesses in Pakistan that are regularly highlighted in various surveys, including the World Bank’s annual “Ease of Doing Business” survey in which the country’s ranking fell sharply from 75 in 2010 to 128 in 2015 out of 189 countries.


This was stated by the newly elected Overseas Investors Chamber of Commerce and Industry (OICCI) President, Atif Bajwa, while speaking to the members in the annual general meeting (AGM).


He said that he was confident that the government will be focusing
on the reasons for this sharp fall, which amongst other factors,
included perception of investors about the selective and lukewarm implementation of policies and governance.

Published in The Express Tribune, January 31st, 2015.

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