ISLAMABAD, Pakistan: The Managing Director of Jacobs Cordova and Associates Scott Jacobs had a meeting with the Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb at the Finance Division in Islamabad on Monday.
The Secretary Board of Investment (BOI) and Officials from relevant ministries/divisions were also present in the meeting.
The meeting focused on the subject of regulatory reforms aimed at improving regulatory environment in the Country to improve entrepreneurship, innovation, and investment.
Scott Jacobs presented a comprehensive proposal to streamline the regulatory system, suggesting a thorough review of standardized processes to achieve significant results.
The Finance Minister Muhammad Aurangzeb acknowledged the importance of these reforms and underscored the need for impact-driven assistance to ensure the successful implementation of these reforms.
The discussion also centered on identifying specific areas where reforms area urgently needed to optimize operations and regulatory frameworks.
Both parties agreed on the importance of a structured approached to regulatory reforms.