WEF ranks Pakistan at 102, dropping 14 points
World Economic Forum (WEF) has ranked Pakistan at 102 after it lost 14 points on the global index, said Global Information Technology Report 2012.
The lack of seriousness from the government of Pakistan reflects in the Global Information Technology Report 2012 of the World Economic Forum. **According to the Report, the Ministry of Telecom and Information Technology being headed by Syed Yousuf Raza Gilani, **Prime Minister of Pakistan; **shows lack of efficiency and poor governance **at the part of the Government of Pakistan.
Despite efforts over the past decade to develop information and communications technologies (ICT) infrastructure in developing economies, a new digital divide in terms of ICT impacts persists, according to the latest rankings of The Global Information Technology Report (GITR) 2012: Living in a Hyper connected World, released today by the World Economic Forum. The GITR indicates Pakistan’s challenges and opportunities on 10 different pillars, where Pakistan has not been able to show any remarkable improvements in the previous year.
A serious concern and bottleneck on Pakistan’s business and entrepreneurship initiatives have been identified by the GITR on Pakistan’s policies on the tax regime introduced in 2011, this actually sum of profit tax, labor tax and social contributions, property taxes, turnover taxes, and other taxes, as a share (%) of commercial profits, Pakistan stood 58 this year from 39 last out of 142 economies in the world. The GITR also identified that the extent of information and communication technologies creating new organizational models are also weakening in Pakistan, going 81 from 63 last year.
However,** Pakistan improved its competitiveness in certain areas including, efficiency of the legal system** in challenging regulations, where Pakistan improved from 95 in 2011 to 79 in 2012 out of 142 countries. The judicial independence was also highlighted as one of the advantages in Pakistan, where the improvements were made on 11 points, thus ranking Pakistan at 62 in the world. The effectiveness of the law making body has also improved 9 points, with a ranking of 93 this year. The quality of education system and the capacity for innovation also shows improvement of 7 points each ranking at 79 and 51 respectively.
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