{"id":69206,"date":"2020-08-14T10:00:40","date_gmt":"2020-08-14T05:00:40","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=69206"},"modified":"2020-08-13T17:36:46","modified_gmt":"2020-08-13T12:36:46","slug":"prmi-project-feature-road-facilitate-small-traders","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/prmi-project-feature-road-facilitate-small-traders.html","title":{"rendered":"PRMI project to feature road to facilitate small traders"},"content":{"rendered":"\n<p>Islamabad: The Board of Investment (BoI) on Wednesday stated that it would present a roadmap under its Pakistan Regulatory Modernization Initiative (PRMI) project to facilitate small traders, a news source reported.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/wb-engaged-expedite-pakistan-regulatory-modernisation-initiative.html\" target=\"_blank\" rel=\"noreferrer noopener\">WB engaged to expedite Pakistan Regulatory Modernisation Initiative<\/a><\/p>\n\n\n\n<p>According to the details available, the PRMI project would present a roadmap for the reduction of requiring unnecessary licences, which impede small businesses. Sources revealed that the requirement of 74 licences had already been abolished, which had greatly helped small traders in the country.<\/p>\n\n\n\n<p>As per the instructions of Prime Minister (PM) Imran Khan, the local governments are working towards abolishing all licenses and replacing these with a single digital registration system for small businesses. However, the food outlets would still be subject to inspections and licences, sources revealed.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/sbp-asked-provide-easy-loans-small-businesses.html\" target=\"_blank\" rel=\"noreferrer noopener\">SBP asked to provide easy loans to small businesses<\/a><\/p>\n\n\n\n<p>The BoI took notice that a complicated licence system created problems for small traders like general stores, <em>naan<\/em> shops, and cloth shops. The system requires over 150 licenses at district level for starting businesses, which the board plans to abolish. It would also work towards making the process of acquiring licences easier and automated.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Board of Investment (BoI) on Wednesday stated that it would present a roadmap under its Pakistan Regulatory Modernization Initiative (PRMI) project to facilitate small traders, a news source reported. Read: WB engaged to expedite Pakistan Regulatory Modernisation Initiative According to the details available, the PRMI project would present a roadmap for the reduction of requiring unnecessary licences, which impede small businesses. Sources revealed that the requirement of 74 licences had already been abolished, which had greatly helped small traders in the country. As per the instructions of Prime Minister (PM) Imran Khan, the local governments are working towards abolishing all licenses and replacing these with a single digital registration system for small businesses. However, the food outlets would still be subject to inspections and licences, sources revealed. Read: SBP asked to provide easy loans to small businesses The BoI took notice that a complicated licence system created problems for small traders like general stores, naan shops, and cloth shops. The system requires over 150 licenses at district level for starting businesses, which the board plans to abolish. It would also work towards making the process of acquiring licences easier and automated.<\/p>\n","protected":false},"author":68,"featured_media":69280,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15012],"tags":[36889],"persona":[],"class_list":{"0":"post-69206","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-allied-industries","8":"tag-details-on-pmri-project-to-feature-road-to-facilitate-small-traders","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>PRMI project to feature road to facilitate small traders - Zameen News<\/title>\n<meta name=\"description\" content=\"BoI on Wednesday stated that it would present a roadmap under its Pakistan Regulatory Modernization Initiative (PRMI) project to facilitate small traders.\" \/>\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\/prmi-project-feature-road-facilitate-small-traders.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PRMI project to feature road to facilitate small traders - Zameen News\" \/>\n<meta property=\"og:description\" content=\"BoI on Wednesday stated that it would present a roadmap under its Pakistan Regulatory Modernization Initiative (PRMI) project to facilitate small traders.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/prmi-project-feature-road-facilitate-small-traders.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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