BoI says barriers to investment, conducting of business, reduced

By Staff Reporter
Friday – June 11, 2021
ISLAMABAD: The board of investment (BoI) secretary Fareena Mazhar briefed, on Thursday, on measures taken to remove barriers to investment which includes amendment to laws, simplification of tax collection procedures, simplification of procedures for early obtaining of no objection certificates (NOCs) from relevant departments, amendments to old and unnecessary regulations.

According to a press release, the prime minister (PM) Imran Khan chaired a review meeting on investment and business barriers in the federal capital.

PM Khan said that investors should be provided facilities to do business.

He mentioned that the country is currently moving towards economic stability.

The PM educated that investment is the key to maintaining the stability and accelerating economic growth.

He directed all federal ministries and provincial governments to promote investment and complete the targets set in this regard in a timely manner.

The meeting was attended by special assistants Moeed Yousaf, Shahbaz Gul, secretaries of the concerned ministries, national electric power regulatory authority (NEPRA) chairman, chief secretaries of the four provinces through video link, and senior officers.