PM directs performance reviews to prioritize ease of doing business reforms
Prime Minister Shehbaz Sharif directed that officer performance evaluations prioritize ease of doing business reforms to attract investment, boost exports, and create jobs, with significant savings for businesses.
- Officer performance evaluation based on EODB implementation.
- Accelerated implementation of Easy Business Act 2025.
- Estimated savings of 468.7 billion rupees for businesses.
- Increased exports, foreign investment, and job creation.
Prime Minister Shehbaz Sharif directed on Friday that the performance evaluation of officers of relevant institutions should give key importance to the implementation of ease-of-doing-business measures on their part and the resulting employment opportunities.
A review meeting on measures for ease of doing business, chaired by Prime Minister Muhammad Shehbaz Sharif, was held today in Islamabad, as per the Prime Minister’s Office (PMO).
“Policy measures by the government for ease of doing business and the implementation of the Easy Business Act 2025 should be accelerated.
Third-party validation from international institutions should be ensured to assess the effectiveness and implementation of ease of doing business measures,” the PM said.
He added that leveraging the vast potential of local and foreign investment in Pakistan “is among the government’s top priorities”.
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PM Shehbaz further said that a comprehensive report on the implementation of policy measures for ease of doing business should be prepared and presented soon.
The efforts of the Ministry of Law and Justice, SIFC, Board of Investment, Ministry of Commerce, Ministry of Industries, and all relevant institutions in law and policymaking for ease of doing business are commendable, the premier stated.
Furthermore, the PMO said that the meeting was briefed on the review of the implementation of measures and the future course of action.
The meeting was informed that work on 558 reforms was completed with regard to reducing various regulations, paperwork, and approvals for ease of doing business in the country, of which 71 policy measures were implemented, while work on 272 was underway at a fast pace.
“Their implementation is being carried out in 7 phases across various sectors. Due to these measures, the estimated savings for the business community on various regulations and conditions amount to 468.7 billion rupees,” the meeting was briefed.
It was further informed at the meeting that the elimination of unnecessary and complex paperwork and regulations will lead to an increase in exports, an increase in direct foreign investment, and the creation of new employment opportunities.