SIFC, World Bank discuss reforms to simplify business regulations
MG News | September 28, 2026 at 10:23 AM GMT+05:00
September 28, 2026 (MLN): The Special Investment Facilitation Council (SIFC) and the World Bank have discussed measures to simplify Pakistan’s business regulations and reduce compliance burdens as part of efforts to improve the investment environment.
The SIFC Secretary held a meeting with a World Bank delegation to discuss regulatory reforms under the Ease of Doing Business framework and the Pakistan Business Portal, according to Radio Pakistan.
The discussions focused on simplifying regulatory procedures, reducing the administrative burden on businesses and making it easier for investors and companies to navigate government requirements.
The World Bank appreciated the SIFC’s comprehensive approach and assured continued cooperation in advancing the reform agenda.
The proposed measures seek to streamline business-related processes and improve the overall regulatory environment by reducing unnecessary procedural hurdles.
The Pakistan Business Portal is being used as part of the broader effort to facilitate interaction between businesses and government institutions and improve access to regulatory services.
The reforms are also aimed at supporting investment by making business processes more predictable and reducing the time and resources required to comply with regulatory requirements.
The latest engagement forms part of SIFC’s broader efforts to improve Pakistan’s investment climate and attract both domestic and foreign investment through institutional and regulatory reforms.
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