Reforms to improve B READY ranking

The Securities and Exchange Commission of Pakistan has approved a package of regulatory changes intended to lift the country's standing in the World Bank Group's Business Ready assessment, according to a statement issued on Monday. In the Business Entry category of the B READY 2025 Report, Pakistan came 17th among 101 economies, scoring 86.64. The package is meant to address the outstanding shortfalls and move the business regulatory environment nearer to top global standards.

A further step widens the electronic transfer of refreshed corporate data to the Federal Board of Revenue (FBR) through API links, in coordination with the Board of Investment. The aim is to simplify compliance and cut duplicated work for businesses. Another measure puts environmental clearances and permits to operate on the SECP website for public access.