The World Bank released a report on Pakistan’s economy.
According to the report of the World Bank, Pakistan’s economy cannot develop without reforms in productivity.
According to the report, harmonizing taxes across sectors can improve the economy, improving the manufacturing and trading sector rather than the real estate sector.
The report said that anti-export attitudes in export sectors should be eliminated through trade policy.
The report emphasized that as 22 percent of women are employed in Pakistan, this rate should be increased, adding that women’s participation in the labor force can make significant progress in development.
According to the World Bank, structural imbalances have prevented sustainable development, Pakistan’s economy is going through a critical period and it is important to solve these problems.
The report said that it is important to harmonize the general sales tax and create opportunities for foreign investment.
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