Prime Minister Shehbaz Sharif has established a 4-member Cabinet Committee on Regulatory Reforms, appointing Federal Minister for Board of Investment, Privatization, and Communications, Abdul Aleem Khan, as its chairman.
The committee is tasked with driving significant regulatory changes aimed at improving the business and investment environment in the country.
The committee includes the Minister of Commerce, the Minister of Industry, and the Minister of State for Finance. Their mandate is to develop and implement reforms by December 25.
The primary focus of the committee will be to create policies that fast-track the implementation of recommendations and enhance the Ease of Doing Business in Pakistan.
In addition to policy formulation, the committee will also identify specific areas in need of reform and develop an initial list for targeted improvements.
Furthermore, the committee is responsible for overseeing the establishment of a legal registry, which will play a crucial role in the regulatory reform process.
