Project Categories




Contracts Enforcement


Problem Statement:

Pakistan does not have a legal framework that is conducive to business. The countries that have created viable frameworks for business growth have prospered and we need to do the same with the help of the legal community.


Type:

Idea.


Description:

legal and financial contracts that are simple and enforceable will create the right business environment and spur growth. If all transactions are recorded through contracts then people will be able to work in a secure environment. The idea is to create a legal professional group that will develop the framework for enforcing commercial contracts in a legal form=framework at the lowest possible cost and work with the government and other stakeholders to bring a system that will benefit everyone and Pakistan as a whole..


People Impact:

A solid legal framework will need a larger number of lawyers to work in the commercial sector and it will create more opportunities for them as well create a framework that is business friendly..


Financial Impact:

This will help the overall health of the economy by spurring business growth..


Domestic Jobs:

30000.


Foreign Jobs:

30000.


Domestic Market in Rs:

3000000000.


Export Market in Rs:

3000000000.



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