Standards and Regulation in Pakistan
According to the World Bank’s Ease of Doing Business Index, Pakistan ranks highest in the South Asia region (2010). This index measures a country’s regulatory environment for businesses to work in and a high rank indicates a positive business atmosphere.
To complement this, Pakistan has implemented extensive reforms in telecoms, taxation, trade facilitation and finance, which resulted in the World Bank naming it as the 10th best reformer globally in 2006. The large economic regulators in Pakistan are the State Bank of Pakistan, the Competition Commission of Pakistan, and the Securities and Exchange Commission of Pakistan.
Pakistan is a member of the International Organization for Standardization; the national standards agency is the Pakistan Standards and Quality Control Authority (PSQCA).
|Standards and Regulation organisations in Pakistan|
|Pakistan Standards & Quality Control Authority (PSQCA)||