KARACHI: Pakistan has improved its ranking by 11 points, moving from 147th to 136th position in the World Bank’s ‘Doing Business Report’, noted a meeting.
The World Bank’s “Doing Business Reform Advisory Scoping Mission”, visiting Pakistan, met with Muhammad Waseem, Chairman Planning & Development (P&D) Board Sindh on Wednesday, to discuss the progress of the Doing Business Reforms in Sindh.
Currently Sprint-III of the Doing Business Reforms is underway.
The meeting was attended by all relevant stakeholder government agencies, including Sindh Board of Investment (SBI) that has been at the helm of these reforms in Sindh. Representatives of the government agencies updated the participants on the DB reforms.
Chairman P&D Sindh lauded the efforts of all agencies who worked towards Pakistan’s improvement in the ranking, and appreciated the support extended by the World Bank. He stressed the importance of a continued consolidated effort to make the province of Sindh more business-friendly.
The importance of special development of industrial estates by providing them with necessary infrastructure was also discussed so that the province has a more enabling environment for investment.
Some of the issues that were discussed included the setting up of provincial portal for business registration, construction permits reforms and property registration reforms.
Topic-specific discussions were held with both private and public sector stakeholders on all areas of doing business to discuss the most recent government reforms and plans for the future.