Pakistan is ranked 128th out of the 189 countries surveyed for the latest World Bank’s ‘Doing Business’ annual report, a drop of 18 places from last year.
It means it is not very easy, in fact hard, for entrepreneurs to open a business, get electric power and import a container in Pakistan.
The report, released yesterday for the first time included Lahore in addition to Karachi.
However, data from both cities with reference to difficulty of hiring, rigidity of hours, difficulty of redundancy, redundancy cost, unemployment protection scheme, health insurance for permanent employees and court sections specialising in labour disputes are the same.
