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Shafaqna Reports: Pakistan’s ranking in Global Competitiveness Index improves


Pakistan’s ranking in Global Competitiveness Index improves

ISLAMABAD: Pakistan s ranking in terms of Global Competitiveness Index (GCI) 2016-17 has witnessed improvement by four notches as it stood at the 122nd position in 2016-17 against the 126th position previous year 2015-16 out of the total 138 countries, World Economic Forum (WEF) reports. The Global Competitiveness Report 2016-2017 also identifies corruption as the most problematic factor for doing business in Pakistan, followed by crime and theft, tax rates, access to finance and government instability and government instability and coups.

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