Pakistan

Adviser notes rise in companies registration due to reforms

Adviser notes rise in companies registration due to reforms, which the PTI government has introduced.

Prime Minister’s Adviser on Commerce and Investment Abdul Razak Dawood said this.

Adviser notes rise in companies registration due to reforms

In a series of tweets on Monday, he gave its credit to the reforms during last two and half years.

Furthermore, he noted a total of 20,342 companies registered with Securities and Exchange Commission of Pakistan.

They registered during the previous year posting an increase of 24% as compared to 16,456 in 2019.

Moreover, he said that in January this year, a total of 2,201 companies registered themselves with SECP.

Specially, that marked 12% increase as compared to the previous month.

Abdul Razak Dawood underlined it as a healthy trend and the SECP and Board of Investment deserve credit for making this possible.

He also urged the investors to take advantage of the ease in company registration offered by SECP to formalize their businesses.

GTV

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