On Friday, President Dr. Arif Alvi launched the Asaan Karobar Program in Islamabad, which aims to improve Pakistan’s business climate, particularly for SME’s.
The President, speaking during the inauguration, stated that Pakistan has taken several initiatives to make doing business easier in order to encourage investment.
He encouraged the Board of Investment to make the Asaan Karobar Program interactive so that company concerns could be received.
According to him, red tape, a certain attitude, ineptitude, and corruption are some of the key issues that obstruct the ease of doing business, resulting in a rise in the cost of doing business.
Dr. Arif Alvi advocated for more efficiency and the use of an ombudsman to resolve issues quickly.
Earlier, Adviser on Commerce Abdul Razak Dawood said that the ease of doing business and lowering the cost of doing business are the keys to the country’s industrialization 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.
Najy Benhassine, Nation Director of the World Bank, praised Pakistan’s efforts to introduce changes to boost business in the country in his remarks.
He praised Pakistan’s achievements and stated that the Asaan Karobar Program will aid in the simplification of laws.
He promised that the World Bank will continue to assist Pakistan in implementing reforms.