The Board of Investment (BOI) successfully organized the National Regulatory Reforms Conference 2025, held under the compelling theme of “Enabling Business, Empowering Pakistan.” This crucial event brought together key stakeholders to deliberate on Pakistan’s evolving regulatory landscape and forge a comprehensive roadmap for future reforms.

Discussions at the conference highlighted several vital initiatives aimed at streamlining regulations and significantly reducing the cost of business compliance across the country. These included the Pakistan Regulatory Modernization Initiative (PRMI) and related projects like SMART and DEEP, along with the Regulatory Guillotine and the Pakistan Business Portal (PBP). All these efforts underscore a concerted drive towards simplifying bureaucratic processes.

Participants at the conference stressed the critical need for a coordinated, inclusive, and consultative approach to regulatory reforms, emphasizing collaboration among businesses, regulators, academia, and development partners. Key challenges identified for Pakistani businesses included high power tariffs, burdensome tax rates, and a prevailing lack of investor confidence.

To achieve long-term economic stability, the conference strongly advocated for transitioning to an export-oriented economy, coupled with comprehensive tariff rationalization and transparent customs procedures. This strategic focus aims to unlock Pakistan’s economic potential by fostering a more predictable and investment-friendly business environment.