Islamabad : Prime Minister Muhammad Shehbaz Sharif launched the digital platform – Regimeter, a dedicated portal for monitoring of reforms, in a ceremony hosted by the Board of Investment at the Prime Minister’s House. The portal not only tracks the implementation of each regulatory reform endorsed by the Cabinet Committee on Regulatory Reforms but also provides a window for feedback for the private sector. The event was attended by the Deputy Prime Minister, federal ministers, representatives of public and private sectors. The UK Minister of International Development, Baroness Jennifer Chapman was also one of the key speakers at the event.
The Prime Minister commended the leadership at the Board of Investment for translating his reforms vision into tangible results and called the ambitious reform agenda on regulatory reforms a quantum leap for Pakistan’s economic transformation.
The premier emphasized that Pakistan must fully embrace digitization across all regulatory processes to compete globally. He also acknowledged the continued support of the United Kingdom through FCDO’s Revenue Mobilisation, Investment and Trade programme in advancing Pakistan’s reform agenda and strengthening institutional capacity.
During the ceremony, the Prime Minister appreciated the leadership of the Securities and Exchange Commission of Pakistan (SECP) and the Drug Regulatory Authority of Pakistan (DRAP) for taking the lead in regulatory modernization and transformation.
Special Assistant to the Prime Minister Haroon Akhtar provided an update on the work of the Cabinet Committee on Regulatory Reforms Sub-Committee, noting substantial achievements, including a comprehensive review of the Companies Act 2017, over 280 proposed amendments to reduce compliance burdens on private sector firms, and the simplification of outdated resolutions and approvals. He reaffirmed that regulatory reform remains central to restoring Pakistan’s industrial competitiveness and unlocking investment potential.
UK Minister for Development Jennifer Chapman mentioned that United Kingdom highly values its partnership with Pakistan and assured its continued support for strengthening public institutions, improving regulatory quality, and economic development.
The Board of Investment, under the leadership of Federal Minister Qaiser Ahmed Sheikh, continues to play a pivotal role in promoting and enabling foreign investment by spearheading regulatory modernization, strengthening institutional coordination, and advancing investor-centric reforms.
The launch of the Regimeter platform marks a significant milestone in Pakistan’s reform journey, reinforcing the Government’s commitment to transparency, digitization, and accountability in the regulatory landscape. Through sustained collaboration with key stakeholders and international partners, the Board of Investment remains firmly committed to improving the ease of doing business, enhancing investor confidence, and supporting Pakistan’s long-term economic transformation.
Sohail Majeed is a Special Correspondent at The Diplomatic Insight. He has twelve plus years of experience in journalism & reporting. He covers International Affairs, Diplomacy, UN, Sports, Climate Change, Economy, Technology, and Health.
