Regulatory clarity termed key to attracting investment

ISLAMABAD: Investment Minister Qaiser Ahmed Sheikh informed the ‘Pakistan Governance Forum’ on Wednesday that regulatory clarity, predictability and institutional coordination are critical to attracting both domestic and foreign investment.

Chairing a high-level session titled “From Subsidies to Strategy: Delivering Competitiveness Through Reform,” the Board of Invetment (BoI) minister emphasised that structural reforms are essential to move beyond short-term stabilisation toward long-term and sustainable economic growth.

Pakistan is transitioning from a subsidy-driven economic model toward a strategy-led, competitiveness-based framework centred on export-led growth and value-added production. He highlighted that moving up the value chain and enhancing value-added exports remain central pillars of Pakistan’s economic transformation.

The BoI minister explained that the ongoing work of the Board of Investment under the Cabinet Committee on Regulatory Reforms (CCORR), stating that multiple comprehensive reform packages have been rolled out, with hundreds of reforms at various stages of implementation. The objective is to reduce regulatory bottlenecks, simplify compliance, and modernise outdated legal frameworks, he added.

Minister stresses need for structural reforms, competitiveness

Minister stresses need for structural reforms, competitiveness

He explained the four regulatory reform packages endorsed by CCORR involving reforms. Under the first package, 57........

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