Centre-province ties urged for business ease
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A significant high-level meeting was held on Thursday at the Board of Investment (BOI) Karachi, chaired by Federal Minister for Investment Qaiser Ahmed Sheikh. The purpose of the meeting was to review the ongoing reforms under the Pakistan Regulatory Modernisation Initiative (PRMI) aimed at improving the business environment in Pakistan.
The meeting began with welcome remarks from the additional secretary of BOI, who appreciated the participation of key stakeholders. Attendees included the CEO of the Pakistan Business Council, special secretary for industry from Punjab, secretary of the Sindh Investment and Trade Department and representatives from the Sindh Investment Board.
Representatives from Punjab and Sindh provided detailed briefings on the ongoing efforts to promote regulatory reforms and ease of doing business in their respective provinces. The secretary for investment from Sindh highlighted the "One-Stop Service" initiative launched in the province, which is proving to be a milestone in providing swift and integrated facilities to the business community.
The meeting focused on improving coordination between the federal and provincial governments, enhancing the effectiveness of digital platforms, supporting small and medium enterprises and developing skills. Participants emphasised that a strong and sustainable business environment can only be established through harmonised laws and partnerships. Federal Minister Qaiser Ahmed Sheikh appreciated the efforts of all relevant institutions and stated that the government is committed to keeping the reform process integrated and making decisions through continuous consultation with all stakeholders.
He added that such meetings play a vital role in restoring the confidence of the business community and promoting investment.
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