Dar asks IERU to come more concrete on economic reforms

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Minister for Finance Senator Ishaq Dar on Sunday asked the implementation and economic reforms unit (IERU) of the finance division to strengthen further its capacity to contribute towards implementation of economic reforms.

The minister held a meeting with the IERU of the finance division. During the meeting, Dar said the government was making efforts to improve economic conditions and the IERU would have to strengthen further its capacity to contribute towards implementation of economic reforms in this regard.

The finance secretary, senior officers of the Finance Division, director general (IERU) and IERU officers participated in the meeting. Dr Khaqan Hassan Najeeb, the DG IERU apprised the minister about the current work being done at the unit.

The minister said that the IERU had been facilitating economic reforms in the areas of investment climate improvement, energy sector, public sector enterprises and regulatory reforms along with providing overall policy support to finance minister’s office, finance division and other ministries and divisions.

Dar appreciated the performance of IERU and desired regular briefings to review progress of key reforms and implementation of economic decisions. He praised the establishment of ‘One Stop Shop’ for business registration, development of investment climate improvement plan, facilitation for energy sector reforms and research on regulatory governance issues.

He also appreciated the strength of IERU team and their support to strengthening the structural reform agenda locally as well as with international partners. He emphasized that the IERU was playing a pivotal role in implementation of economic reform agenda of the government.