September 29, 2020

PM Directs Authorities To Make Business Registration Process Simpler To Facilitate Investors

In a meeting of the PM with the Board of Investment officials, the PM directed the board to remove all policies that are proving to be a hurdle in ease of doing business. The PM said that unnecessary regulations should be removed as soon as possible to facilitate the investors in the country. He said that adopting pro-business policies is one of the main focus points of the government. He added that the authorities should work on automation of the registration procedures and make sure that the details regarding the required documents are easily available to the investors. He further directed the authorities to focus on promoting the digital economy and facilitate the Information Technology Sector. The Board assured him of timely action on his directives and the PM was also briefed about the ‘Business Regulatory Mapping Portal’, established to ensure transparency of payments made through e-commerce businesses.

The meeting was attended by the Advisor on Commerce Abdul Razak Dawood, Advisor on Institutional Reforms Dr. Ishrat Husain, BOI Chairman Zubair Gilani, Punjab Industries Minister Mian Aslam Iqbal and the World bank’s Country Director for Pakistan Mr. Patchamuthu Illangovan

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