AGL 40.02 Decreased By ▼ -0.01 (-0.02%)
AIRLINK 127.99 Increased By ▲ 0.29 (0.23%)
BOP 6.66 Increased By ▲ 0.05 (0.76%)
CNERGY 4.44 Decreased By ▼ -0.16 (-3.48%)
DCL 8.75 Decreased By ▼ -0.04 (-0.46%)
DFML 41.24 Decreased By ▼ -0.34 (-0.82%)
DGKC 86.18 Increased By ▲ 0.39 (0.45%)
FCCL 32.40 Decreased By ▼ -0.09 (-0.28%)
FFBL 64.89 Increased By ▲ 0.86 (1.34%)
FFL 11.61 Increased By ▲ 1.06 (10.05%)
HUBC 112.51 Increased By ▲ 1.74 (1.57%)
HUMNL 14.75 Decreased By ▼ -0.32 (-2.12%)
KEL 5.08 Increased By ▲ 0.20 (4.1%)
KOSM 7.38 Decreased By ▼ -0.07 (-0.94%)
MLCF 40.44 Decreased By ▼ -0.08 (-0.2%)
NBP 61.00 Decreased By ▼ -0.05 (-0.08%)
OGDC 193.60 Decreased By ▼ -1.27 (-0.65%)
PAEL 26.88 Decreased By ▼ -0.63 (-2.29%)
PIBTL 7.31 Decreased By ▼ -0.50 (-6.4%)
PPL 152.25 Decreased By ▼ -0.28 (-0.18%)
PRL 26.20 Decreased By ▼ -0.38 (-1.43%)
PTC 16.11 Decreased By ▼ -0.15 (-0.92%)
SEARL 85.50 Increased By ▲ 1.36 (1.62%)
TELE 7.70 Decreased By ▼ -0.26 (-3.27%)
TOMCL 36.95 Increased By ▲ 0.35 (0.96%)
TPLP 8.77 Increased By ▲ 0.11 (1.27%)
TREET 16.80 Decreased By ▼ -0.86 (-4.87%)
TRG 62.20 Increased By ▲ 3.58 (6.11%)
UNITY 28.07 Increased By ▲ 1.21 (4.5%)
WTL 1.32 Decreased By ▼ -0.06 (-4.35%)
BR100 10,081 Increased By 80.6 (0.81%)
BR30 31,142 Increased By 139.8 (0.45%)
KSE100 94,764 Increased By 571.8 (0.61%)
KSE30 29,410 Increased By 209 (0.72%)

Pakistan has jumped 4 places to 68 against India at 35 in the latest World Bank (WB) ranking in the global logistics performance, reflecting the slow improvement in logistic performance of the country. The results of the WB report "Connecting to Compete 2016" has ranked Pakistan at 68, Bangladesh at 87, India at 35 and China at 27 on the Logistics Performance Index (LPI) with scores 2.92, 2.66, 3.42 and 3.66 respectively.
However, India Jumped 17 places while Bangladesh 21 places in the ranking against their previous 54 and 108 respectively. Pakistan has been placed with India in the top-performing lower-middle income economies - among governments that spend little money to improve infrastructure.
The latest edition of the Logistics Performance Index, which is a part of the bi-annual report; Connecting to Compete 2016: Trade Logistics in the Global Economy ranks 160 countries on their trade logistics performance. For the third time, Germany is the top performer. Syria ranked lowest. The report ranks countries on a number of dimensions of supply chain performance, including infrastructure, quality of service, shipment reliability, and border clearance efficiency.
The latest report ranked Pakistan at 71 position with 2.66 score on customs, at 69 with 2.7 score on infrastructure, at 66 with 2.93 score at international shipments, at 68 with 2.82 on logistics quality and competence, at 67 with 2.91 score on tracking and tracing and at 58 with 3.48 score on timeliness. The last report of 2014 had ranked Pakistan at 58 with 2.84 score on customs, at 69 with 2.67 score on infrastructure, at 56 with 3.08 score at international shipments, at 75 with 2.79 on logistics quality and competence, at 86 with 2.73 score on tracking and tracing and at 123 with 2.79 score on timeliness.
The report shows that Pakistan has made improvement with respect to timeliness, tracking and tracing and logistics quality and competence. Progress in logistics performance has slowed for the first time since 2007 for the world''s least developed economies, while emerging economies that implement comprehensive initiatives continue to improve their performance, states the report.
Over the past six years, the world''s top-10 performers have remained consistent and include dominant players in the supply chain industry. Low-income economies with the worst performance are often landlocked, small islands, or post-conflict states. However, for the first time in the history of the Connecting to Compete reports, landlocked countries are no longer automatically disadvantaged, as shown by the performances of both Rwanda and Uganda, which benefit from regionally co-ordinated efforts to improve trade corridors.

Copyright Business Recorder, 2016

Comments

Comments are closed.