In order to implement the directives of the Prime Minister on his vision to transform the regulatory landscape of Pakistan, for ease of doing business, the first meeting of the Cabinet Committee on Regulatory Reforms (CCoRR) was convened at the Board of Investment on 6th May, 2025.
The meeting was chaired by the Federal Minister for Investment, Mr. Qaiser Ahmad Sheikh and was also attended by Federal Minister for Commerce, Mr. Jam Kamal Khan and Federal Minister for National Food Security & Research, Mr. Rana Tanveer Hussain and Special Assistant to the Prime Minister on Industries & Production Mr. Haroon Akhtar Khan.
Senior Federal Secretaries and officials from relevant Ministries also participated in the meeting.
The Committee undertook a detailed review of the proposed regulatory reforms and after extensive discussion on the proposed reforms gave specific directions for implementation within time frames ranging from 15 to 90 days. 63 reform measures were finalized by the Cabinet Committee for implementation within the given timelines.
These reforms will help to facilitate businesses through the following measures:-
Automation of regulatory processes.
Simplification of regulatory procedures.
Elimination of redundant rules and licenses etc.
The measures will also help in enhancing business activities and creating opportunities for employment.
The Federal Ministers and Special Assistant to the Prime Minister who attended the meeting appreciated this important reform initiative and gave directions for speedy implementation.
According to Federal Minister for Investment, Mr. Qaiser Ahmad Sheikh, these reforms will pave the way for translating the vision of Prime Minister Shehbaz Sharif for improving the ease of doing business, creating employment opportunities and enhancing economic development in the country.
The Federal Minister for Investment appreciated the active participation of Federal Ministers and senior officials in the meeting.