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Dar reviews implementation of Doing Business Reform Strategy

byCT Report
15/10/2016
in Business
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ISLAMABAD: Federal Finance Minister Senator Mohammad Ishaq Dar Saturday chaired a meeting to review the progress on the implementation of the Doing Business Reform Strategy 2016.

Finance Secretary briefed the finance minister on the reform measures being taken to cover all the ten Doing Business indicators. These indicators include starting a business, dealing with construction permits, getting electricity, registering a property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts and resolving insolvency.

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Finance Secretary also briefed the meeting on the proposed way forward for improving the country’s ranking in the Ease of Doing Business Index.

The finance minister directed that specific actions that are required to be taken for the purpose must be identified along with time lines.

Further, the minister stressed on the need for ensuring coordination with all stakeholders. He directed that every effort should be made to facilitate the foreign as well as domestic investors and businessmen. He said that Pakistan is increasingly being identified globally as a business and investor friendly country. He opined that Pakistan must take full advantage of the improvement in the economy as well as security situation.

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