October 16, 2019 (MLN): The Global Competitiveness Report 2019 of the World Economic Forum has ranked Pakistan as the 52 most dynamic economy in the world.
It is pertinent to note that Pakistan managed to secure this rank by improving 15 points from last year where it stood at 67 in 2018.
According to the report, the progress on Pakistan’s competitiveness was due to the achievements made during the last 12 months.
The most effective improvements were made due to the initiative and strategies adopted by the apex regulator for the corporate sector and the capital markets
SECP improved Pakistan’s competitiveness rankings by improving the number of days to start a business, where Pakistan stands at the global rank of 90 as compared to 96 in 2018.
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