{"id":54765,"date":"2019-08-29T17:49:26","date_gmt":"2019-08-29T17:49:26","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=54765"},"modified":"2020-01-27T07:54:20","modified_gmt":"2020-01-27T07:54:20","slug":"simplify-business-laws-regulatory-framework-pm-tells-boi","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/simplify-business-laws-regulatory-framework-pm-tells-boi.html","title":{"rendered":"Simplify business laws, regulatory framework: PM tells BOI"},"content":{"rendered":"<p>Islamabad: Prime Minister (PM) Imran Khan has issued instructions to the Board of Investment (BOI) to expedite the consultation proceedings with the stakeholders to simplify business laws and regulatory framework in various economic sectors, according to the news sources.<\/p>\n<p>While chairing a meeting on Wednesday, he directed the board to eliminate unnecessary regulations, and facilitate businesses (especially startups) through improved ease of doing business.<\/p>\n<p><strong>Read:\u00a0<\/strong><a href=\"https:\/\/www.zameen.com\/news\/govt-keen-facilitate-businesses-investors-pm.html\" target=\"_blank\" rel=\"noopener noreferrer\">Govt keen to facilitate businesses, investors: PM<\/a><\/p>\n<p>As per the official press release, the PM stressed on paying special attention to the digital economy, and providing digital solutions to the startups to enable them to capitalise on their potential in the IT sector.<\/p>\n<p>BOI Chairman Zubair Gilani revealed to the meeting that the extensive consultation process (that\u2019s currently underway) will eliminate irrelevant or obsolete laws, and review the existing regulatory framework for necessary amendments.<\/p>\n<p>To ensure transparency, accuracy and automation in business transactions through e-commerce, a digital Business Regulatory Mapping Portal has been devised, he added.<\/p>\n<p><strong>Read:\u00a0<\/strong><a href=\"https:\/\/www.zameen.com\/news\/boi-expects-pakistans-ease-of-doing-business-ranking-to-improve.html\" target=\"_blank\" rel=\"noopener noreferrer\">BoI expects Pakistan\u2019s \u2018Ease of Doing Business\u2019 ranking to improve<\/a><\/p>\n<p>Provincial Minister for Industries Mian Aslam Iqbal offered that several initiatives to aid businesses have been implemented by the local government, including unifying taxes, eliminating inspections, one-window-solution and launch of Punjab Smart Regulation Act.<\/p>\n<p>The meeting was also attended by Adviser to PM on Institutional Reforms Dr Ishrat Husain, <a href=\"https:\/\/www.zameen.com\/news\/govt-to-boost-businesses-through-documentation-economy-dawood.html\" target=\"_blank\" rel=\"noopener noreferrer\">Adviser to Prime Minister on Commerce Abdul Razak Dawood<\/a>, the World Bank country director and other relevant officials.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: Prime Minister (PM) Imran Khan has issued instructions to the Board of Investment (BOI) to expedite the consultation proceedings with the stakeholders to simplify business laws and regulatory framework in various economic sectors, according to the news sources. While chairing a meeting on Wednesday, he directed the board to eliminate unnecessary regulations, and facilitate businesses (especially startups) through improved ease of doing business. Read:\u00a0Govt keen to facilitate businesses, investors: PM As per the official press release, the PM stressed on paying special attention to the digital economy, and providing digital solutions to the startups to enable them to capitalise on their potential in the IT sector. BOI Chairman Zubair Gilani revealed to the meeting that the extensive consultation process (that\u2019s currently underway) will eliminate irrelevant or obsolete laws, and review the existing regulatory framework for necessary amendments. To ensure transparency, accuracy and automation in business transactions through e-commerce, a digital Business Regulatory Mapping Portal has been devised, he added. Read:\u00a0BoI expects Pakistan\u2019s \u2018Ease of Doing Business\u2019 ranking to improve Provincial Minister for Industries Mian Aslam Iqbal offered that several initiatives to aid businesses have been implemented by the local government, including unifying taxes, eliminating inspections, one-window-solution and launch of&hellip;<\/p>\n","protected":false},"author":75,"featured_media":44055,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15012],"tags":[12768],"persona":[],"class_list":{"0":"post-54765","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-allied-industries","8":"tag-details-on-simplify-business-laws-regulatory-framework-pm-tells-boi","9":"cat-15012-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Simplify business laws, regulatory framework: PM tells BOI - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: Prime Minister (PM) Imran Khan has issued instructions to the Board of Investment (BOI) to expedite the consultation proceedings with the\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/simplify-business-laws-regulatory-framework-pm-tells-boi.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Simplify business laws, regulatory framework: PM tells BOI - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: Prime Minister (PM) Imran Khan has issued instructions to the Board of Investment (BOI) to expedite the consultation proceedings with the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/simplify-business-laws-regulatory-framework-pm-tells-boi.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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