The financial experts said that the government should immediately annul Saturday as a weekly off day in the banking and other government sectors in order so that the benefits could be availed of climbing up the ranking of Pakistan on the Trading Across Border Index of the World Bank.
As per the shared details, they have also urged the Federal Board of Revenue (FBR) to carry on its reform process after winning kudos from the World Bank for its Web-Based One Customs (WEBOC) electronic system. Talking to the Business Recorder, convener of trade committee at the Lahore Chamber of Commerce and Industry Muhammad Arshad Chaudhry said two offs a week lead to wastage of precious time of the business community.
Therefore, he said, the government should annul the weekly off of Saturday in banks.
He said Saturday was stated a day off to deal with the energy crisis in the country, and now the country had come out of that crisis. Now there was no need for keeping the banking sector and other departments closed on Saturdays, he said. Another financial expert, Asif Beg Mirza, advised the FBR not to be complacent after winning appreciation from the World Bank.
According to him, sustainable improvement in the working of the FBR was a must to ensure ease of doing business on trade across the border.
Pakistan has climbed up 31 positions in the Trading Across Border Index in World Bank’s ‘Ease of Doing Business 2020’.
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