As a part of our reforms, REMIT held a series of training workshops in Lahore, Islamabad, and Karachi on Regulatory Impact Assessment (RIA) and its importance for the national business environment and international compliance. This activity was held in partnership with the BOARD OF INVESTMENT.

More than 150 regulators were trained by our international RIA expert on the methodology and approach. RIA is a systematic tool to critically assess the positive and negative effects of proposed and existing regulations by a structured exploration of different policy options.

The benefit RIA can have for regulators is providing a structured methodology to achieve intended objectives while minimizing negative impact on other stakeholders.

Through this exercise , REMIT aims to build a structured and institutionalized approach to regulatory impact assessment that will define a direction for ease of doing business reforms in Pakistan.