Islamabad
Pakistan has significantly improved its score on entrepreneurship indicator of Woman, Business and the Law (WBL) index, from 50 to 75 points, as per WBL Report 2021.
The rise is mainly attributed to reforms introduced by the SECP, enabling women to register a company effectively and promptly, said a press release issued here.
WBL Report is World Bank’s publication, that evaluates laws and regulations of 190 countries, in order to identify requirements that restrict women’s economic opportunities.
The report covers eight broad areas; mobility, workplace, pay, marriage, parenthood, entrepreneurship, assets, and pension.
In 2021 report, Pakistan has improved its score on two indicators; entrepreneurship and workplace, resulting in upgrading the overall score to 55.6, from 49.4 in 2020. Pakistan has been included in 5 economies that have introduced reforms.—APP