On Friday, President Dr. Arif Alvi launched the Asaan Karobar Program in Islamabad, with the goal of enhancing the business climate in Pakistan, particularly for Small and Medium Enterprises.
In his remarks at the occasion, the President stated that Pakistan has made several initiatives to improve the ease of doing business in order to encourage investment in the nation.
He encouraged the Investment Board to make the Asaan Karobar Program interactive in order to hear concerns from the business community.
He stated that red tape, a certain attitude, ineptitude, and corruption are some of the key issues that impede the ease of doing business and, as a result, raise the cost of doing business.
Dr. Arif Alvi advocated for increased efficiency and the use of an ombudsman to resolve complaints as soon as possible.
Earlier on the occasion, Adviser on Commerce Abdul Razak Dawood stated that the ease of doing business and lowering the cost of doing business are the keys to the country’s industrialisation and economic improvement.
According to the Adviser, Pakistan’s rating in the ease of doing business has improved as a result of the government’s sensible initiatives.
In his remarks, World Bank Nation Director Najy Benhassine praised Pakistan’s efforts to implement reforms to boost business in the country.
He praised Pakistan’s achievements and stated that the Asaan Karobar Program will assist to streamline laws.
He promised Pakistan that the World Bank will continue to assist it in implementing reform programmes.
He assured that World Bank will continue to support Pakistan to implement reforms initiatives.