Prime Minister Shehbaz Sharif has directed to accelerate implementation of government’s policy measures for ease of doing business and Asaan Karobar Act 2025.
He was chairing a meeting regarding Ease of Doing Business in Islamabad.
The Prime Minister further instructed that third-party validation by international institutions be ensured to assess the effectiveness and implementation of the ease of doing business measures.
Shehbaz Sharif said fully capitalizing on Pakistan’s vast potential for both domestic and foreign investment remains among the government’s top priorities.
He also directed that a comprehensive report on the implementation of ease of doing business policy measures be prepared and submitted at the earliest.
The Prime Minister appreciated the efforts of the Ministry of Law and Justice, Special Investment Facilitation Council (SIFC), the Board of Investment, the Ministry of Commerce, the Ministry of Industries and all relevant institutions for their work on legislation and policy-making aimed at improving the ease of doing business.
The meeting was informed that work has been completed on five hundred and fifty-eight reforms aimed at reducing regulatory requirements, paperwork and approval procedures for businesses. Of these, seventy-one policy measures have already been implemented, while implementation of two hundred and seventy-two measures is progressing rapidly. These reforms are being rolled out in seven phases across various sectors. It was further noted that these initiatives are expected to generate estimated savings of 468.7 billion rupees for the business community.
The meeting was also informed that eliminating unnecessary and complex paperwork and regulations would help boost exports, attract greater foreign direct investment and create new employment opportunities.
