Prime Minister Shehbaz Sharif has approved the initiation of legislation regarding the Ease of Doing Business Act.
The Prime Minister granted the approval while chairing an important review meeting on measures regarding ease of doing business and investment, in Islamabad.
Speaking on the occasion, the Prime Minister said promotion of business and investor friendly environment in Pakistan is the top priority of the government.
The Prime Minister said documentation procedures should be simplified for business and business community under one window operations.
In this regard, he directed to obtain assistance from Chinese experts regarding the establishment of one-stop shop facility center on the pattern of established project in Shenzhen, China.
The meeting was briefed on Ease of Doing Business and other initiatives. It was informed that an electronic registry will be set up for business registration, licences certificates and other documents. The forum was apprised that an online One Window Pakistan Business Portal system will be introduced through which the services of all relevant institutions will be available at one place.
Meanwhile Prime Minister Shehbaz Sharif on Friday reconstituted the Executive Committee of the National Economic Council (ECNEC) with himself as the chairman, depriving Finance Minister Muhammad Aurangzeb of heading the committee.
According to practice, the finance minister heads the ECNEC as during the Pakistan Democratic Movement’s government, first Miftah Ismail and then Ishaq Dar headed the ECNEC.
