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Pakistan on the verge to launch Business Portal.

The government is making all-out efforts to develop Pakistan Business Portal which will act as a virtual one-stop platform for businesses and firms and reduce compliance requirements, said Board of Investment (BOI) Additional Secretary Mukarram Jah Ansari.

In a webinar with officials from all major business chambers of the country, he said that the portal would help facilitate growth of business activities all over the country. He said that all business related public sector organisations would be integrated with the Pakistan Business Portal so that the process of registration and licensing of firms could be relaxed. He gave a detailed presentation on reform measures being undertaken by the BOI under the Pakistan Regulatory Modernisation Initiative (PMRI) to improve the ease of doing business and facilitate investment and business activities in the country.

“Following the implementation of new reforms, Pakistan will be included in the top 90 economies of the world with regard to ease of doing business.”

The official acknowledged that businesses in Pakistan were facing high burden of regulatory requirements and reassured that the aim of PMRI was to reduce compliance and cost burden on firms by eliminating unnecessary procedures and processes.

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