PTI government sets yet another ambitious economic target

PTI government sets yet another ambitious economic target

ISLAMABAD - Islamabad Chamber of Small Traders has said the decision of the government to simplify the procedure of doing business in Pakistan is a laudable move and an important step in the right direction.

A statement issued in Islamabad said that to ease doing business is the country is a great step towards ending dependence on loans and ensuring self-reliance.

It said currently, Pakistan stands at 136th position among 190 economies ranked by the World Bank’s Ease of Doing Business index while the government wants the country to be included in top fifty economies.

Shahid Rasheed Butt a senior member of the chamber said that ease of business would require the bureaucracy to change its mindset, reduce red tape-ism, discouraging corruption, simplification of tax and other laws, and easing visa regime.