ISLAMABAD – Prime Minister Imran Khan chaired a meeting in Islamabad onWednesday to review progress on improving Ease of Doing Business in thecountry.
Chairman Board of Investment briefed the Prime Minister about the progresson various indicators related to Ease of Doing Business.
He informed that efforts are being made to improve risk-management systemto reduce number of physical audits.
On the issue of number of tax payments, it was informed that the number ofpayments have been brought down from forty seven to twenty one.
About the ease of starting business, the Prime Minister was informed thatintegration of SECP with provincial portals and EOBI has been completed inPunjab and efforts are being made to expedite launch of portal in Sindh.
On ease in getting electricity, the Prime Minister was informed thatsignificant progress has been made to facilitate provision of power andtimely information to the businesses.
In the area of getting credit, it was informed that Registrar would beappointed by the end of this month and rules under Secured Transaction Actare being finalized by Ministry of Finance.
The Chairman BOI also briefed the meeting about steps being taken tofacilitate trading across borders and reducing clearance time in importsand exports.
Read Top Stories
He also identified various issues mostly related to Sindh province inintegration of SECP and EOBI with provincial portal.
On the Occasion, Prime Minister Imran Khan emphasized upon the need forgreater focus towards addressing EoDB issues related to Sindh since Karachiwas the financial hub of the country.
Briefing the meeting about various positive developments with regards toinvestment facilitation, it was informed that MoU on industrial cooperationhas been signed with China last month.
It was decided in the meeting that regular EoDB meetings would be chairedby the Prime Minister with participation of Chief Ministers and theprovincial Chief Secretaries.
It was also decided that dedicated EoDB offices would be set up at Federaland provincial level for in order to remove bottlenecks and facilitateinvestors in smooth business operations.
