PESHAWAR: Board of Investment conducted a one-day capacity-building workshop on Pakistan Regulatory Modernisation Initiative and Ease of Doing Business here on Thursday.BOI Additional Secretary &.
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Adviser for prioritising regulatory reforms to benefit businesses
Business
April 9, 2021
ISLAMABAD: Adviser to the Prime Minister on Institutional Reforms and Austerity Ishrat Husain underscored need of a strategy that prioritises identification of high impact regulations that will have visible benefits for the business community.
Husain was addressing the fifth steering committee meeting on Pakistan Regulatory Modernization Initiative (PRMI) to review progress on implementation of regulatory reforms by provinces and review of regulatory guillotine activity.
Adviser to the PM on Commerce and Investment expressed satisfaction with performance of stakeholders and recommended a reservoir of implemented reforms should be formulated.
The committee expressed resolve to expedite the ongoing regulatory journey.
Govt to Launch Pakistan Business Portal
The Government is in the process of launching the Pakistan Business Portal, which will act as a virtual one-stop platform for businesses, the Additional Secretary Board of Investment (BOI), Mukarram Jah Ansari, revealed this in a webinar.
This move has come as part of the reform measures the BOI’s is carrying out under the Pakistan Regulatory Modernisation Initiative (PMRI), which aims to improve the ease of doing business and facilitate investment and business activities in the country.
Ansari said that this portal would reduce compliance requirements and facilitate the growth of business activities all over the country. All business-related public sector organizations will be integrated with the Pakistan Business Portal so that the process of registration and licensing of firms could be relaxed.