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The Economy and the Entrepreneur

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Pakistan is a country full of opportunities, with 2020 set to be the year of growth. Indeed, many worldwide tourism authorities place Pakistan among the top destinations to visit in 2020, cementing its place as a growing economy.

As Pakistan's economy expands, it also offers the country's entrepreneurs more opportunities. Ones which people are not shying away from capitalizing on. For example, Pakistani freelancers are not only skilled, they work on better rates than all other freelancers in the world. The Government has therefore also worked tirelessly to provide entrepreneurs with a more supportive regulatory environment to build and grow their businesses.

Best Investment Market

Pakistan's Stock Exchange, last month has listed itself as one of Asia 's best investment markets. Entrepreneurs can quickly launch their companies with better processes and structures in place. Securities & Exchange Commission of Pakistan (SECP) now registers businesses in a matter of a few hours.

In addition, entrepreneurs can also benefit from expert consultants to help develop their logos, strategies, and content calendars at the cost fraction that other countries charge. Consequently, several firms are taking advantage of these cost-saving opportunities by moving their tech offices to Pakistan – saving more than three times the average.

Digital Pakistan

Pakistan leads the software development, service, and automation systems when it comes to technology. Pakistan has emerged as one of the best tech-friendly states in South Asia over the past two decades. Startups have flourished with the development of the technology infrastructure and the right ecosystem. Techpreneurs have access to the right mentors enabling them to grow their startups further.

Telecommunications companies also focus on building the right entrepreneurial environments in Pakistan. Driving the Digital Pakistan agenda, companies such as Jazz not only provides great incubation facilities such as the National Incubation Center, but also ensures that the country is not left behind in the pursuit of digital society development. With Jazz testing 5 G successfully in the country, Pakistan became the first country to do so in South Asia.

Conclusion

Pakistan is a thriving entrepreneurial market. Businesses can flourish in the country with continuously improving processes, lower running costs and the development of a supportive regulatory ecosystem for entrepreneurs. Other economic developments in the country will just further propel the country's entrepreneurship.

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