The New Nation - Internet Edition

Staff Reporter

The Regulatory Reforms Commission (RRC) yesterday proposed to the Board of Investment (BOI) to introduce online registration of investment proposals to make disposals quick and easy.

The RRC, at the sametime proposed to the government to ensure registration of a manually submitted investment proposal within 24 hours and to reduce registration fees at a flat rate.

"The rules of business should be amended to this effect and it would hopefully be made in the next two weeks," RRC Chairman Dr Akbar Ali Khan said while talking to journalists at his office immediately after the second meeting of the Commission at the BOI conference room.

Earlier at its first meeting, the RRC had proposed the government to publish online gazette notifications and all the government rules and regulations to make people aware of them.

"The government has adopted both the recommendations," the RRC chairman said, adding that the Chief Adviser has already asked the authorities concerned to implement the recommendations.

Earlier at its first meeting, the RRC had proposed the government to publish online gazette notifications and all the government rules and regulations to make people aware of them.

"The government has adopted both the recommendations," the RRC chairman said, adding that the Chief Adviser has already asked the authorities concerned to implement the recommendations.

He said the previous gazette notifications and rules and regulations would be published online by February 21, if possible. The rules and regulations to be taken in the days ahead would be published online three weeks before their adoption for accommodating public opinions in this regard.

Dr Akbar Ali sought recommendations from the people and the business community to facilitate the RRC works.

"The RRC will be able to create a strong foundation for the economy in the medium term, not in the short term," he said, replying to a question whether RRC's activities would be hampered due to the unrest in the government.