Pakistan ranked 105 in the list issued by World Bank in its report of countries having conducive environment for business.
Singapore, Hang Kong, New Zealand, US and Denmark are among the top five countries having conducive environment for business.
According to the report Pakistan was ranked 95 in last year and now it dropped nine points and ranked 105; meanwhile the report said that Pakistan lost four points in entrepreneurship and ranked ninth this year.
Pakistan had lost more points in the case of paying taxes, adding that last year Pakistan was ranked 116 in tax paying countries now it has being ranked at 158 among the tax paying countries.
Meanwhile Pakistan lost three and four points in the ranking of electricity and recovery of debts.