LAHORE: The government would have to separate registering a company from regulating the company in order to come at par with the developed nations and strengthen economy, LCCI official said in a statement on Monday.
LCCI President Almas Hyder said that starting business in Pakistan is a huge task and one of the major reasons behind economic woes of the country.
The ease of doing business in Pakistan is below average with the international ranking of 136th. Singapore topped the ranking from 2007 to 2016, while New Zealand is on top since 2017, he said. Exports of Singapore jumped to $396.8 billion in 2017 from $338 billion in 2016. Likewise, exports of New Zealand, which has a population of around 4.5 million people, jumped to $37.35 billion in 2017 from $33.61 billion in 2016.
This initiative enables them to earn a dignified livelihood for their families
The event will host more than 700 booths, including leading global and Pakistani tech giants
Gold rates increased by $8 to all-time high rates of $2,371 per ounce in the international market
Strong retail sales prompted economists at Goldman Sachs to boost their gross domestic product
The IMF dictates its terms based on our past performance
Goldman's profit rose 28 percent to $4.13 billion, or $11.58 per share, in the first quarter
