World Bank team visits LCCI

LAHORE: It is a good sign that the present regime is well aware of the importance of “Ease of Doing Business” and trying to change the scenario through economic reforms, a statement said on Friday.

Lahore Chamber of Commerce and Industry President Almas Hyder expressed these views during a meeting with the three-member World Bank delegation, led by Lars Grava, at the LCCI. Pakistan has all ingredients to become an economic leader, he said, adding that economic situation will be quite good once “Ease of Doing Business” improves. The importance of businesses cannot be undermined for economic development, as they provide jobs to the growing population, generate revenue for the government to run the affairs of state and attract foreign investment in the country, he added.