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Corruption, tax rates major problems in Pakistan: report

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ISLAMABAD: Ranking 126 among140 countries in the Global Competi­tiveness Index, Pakistan faces corruption and tax rates as the most problematic factors for doing business, a new report published by the Davos-based World Economic Forum said on Wednesday. According to the Global Competitive Report 2015-2016, Pakistan jumped three spots to number 126 out of 140 economies on the Global Competitiveness Index. The country had ranked 129 out of 144 economies during 2014-2015 ranking. This is the second consecutive year that...

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