Ease of doing business, innovative strategies essential for sustainable business: President

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President Dr Arif Alvi said ease of doing business and use of innovative strategies by incorporating digital technology was essential to ensuring sustainable business activities in the country.

Addressing at the launch of Asaan Karobar Programme organized by the Board of Investment, the president emphasized a regulatory yet conducive environment that facilitated the businessmen to easily launch and operate their activities.

President Alvi said a country’s prime interest was to promote business activities and stressed the importance of taking onboard the stakeholders for a successful policy formulation.

He mentioned that the government’s effective strategy of holding consultations with the relevant traders and businessmen helped revive the textile industry. He lauded the online portal launched by the Board of Investment aimed at identifying regulatory obstacles and problems through active involvement of private sector and business associations.

President Alvi also urged offering women in the country the opportunities of ease of business through digital setups, adding that an across the board inclusion of population could lead to vibrant and emergent middle class.

Abdul Razak Dawood, Adviser to Prime Minister on Commerce highlighted the reforms that had been implemented by Board of Investment (BOI) to reduce compliance burden on businesses and to promote ease of doing business specifically in small and medium enterprises.

He said the government had taken effective steps to facilitate the businessmen and traders that helped ensure economic growth in the country.

Minister of State & Chairman BOI Muhammad Azfar Ahsan termed the Asaan Karobar Programme as a historic and nationwide reform drive to improve ease of doing business in Pakistan.

Chairman BOI added that it is a harmonized system of regulations aimed at achieving a conducive business environment that is recognized and acknowledged globally.—APP

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