Dar calls for taking advantages of improvement in economy, security situation

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ISLAMABAD: Finance Minister Senator Muhammad Ishaq Dar Saturday stressed the need for taking full advantage of the improvement in the economy as well as security situation.

He stated this while chairing a meeting here which reviewed the progress on the implementation of the Doing Business Reform Strategy 2016.

Finance Secretary, Dr.Waqar Masood Khan 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, said are statement issued by the Ministry of Finance here.

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 on the occasion directed that specific actions that were required to be taken for the purpose must be identified along with time lines.

Further, he 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.

Dar said that Pakistan was increasingly being identified globally as a business and investor friendly country.

The meeting was also attended by senior officials of the Ministry of Finance.