Nikkei Asia Sheds Lights On Pakistan’s Unease of Doing Business
Nikkei Asia reports that Pakistan’s cost of doing business is 34% higher than regional peers due to elevated energy prices, taxes, interest rates, and regulatory hurdles, discouraging entrepreneurship and pushing more workers toward salaried employment.
Pakistan plans industrial tax and electricity tariff cuts to boost SMEs
Special Assistant to the Prime Minister Haroon Akhtar Khan says the government plans to reduce industrial taxes and electricity tariffs while placing SMEs at the center of economic development.