Pakistan reducing time to obtain Construction Permit: IMF

January 14, 2021

478

International Monetary Fund (IMF) in its latest report has stated that Pakistan along with several other countries have reduced the time it takes to obtain Construction and building permits in order to simplify business rules.

In its report, “Economic Governance Reforms to Support Inclusive Growth in the Middle East, North Africa and Central Asia”, the IMF stated that strengthening accountability and integrity in institutions and civil servants can begin with building a professional and competitive civil service, as in Georgia.

IMF proposes that to limit the involvement of human descrition in decision-making, it is mandatory to introduce e-services and digitalization.

The report added that incentives could also be tailored, for example, Pakistan provided tax collectors with performance-based pay to improve the accuracy of tax estimates.

He went on to say that over the past decade, countries in the region have taken steps to simplify business rules.

Egypt has cut rules and tax breaks, and has made it easier to start a business.

Georgia used the so-called Zero Plus model to reform the public sector, revoking all previous licenses and permits pending the development and approval of new ones.

Several countries have reduced the time required to process building permits (Bahrain, Kuwait, Pakistan, United Arab Emirates); To obtain a new connection to the electricity grid (Bahrain, Kuwait, Morocco, Oman, Pakistan, Qatar and Saudi Arabia); And registration of property (Kuwait, Oman, Qatar, Tunisia). Several countries have introduced improved electronic filing and document processing for exports (Armenia, Kuwait, Morocco, Saudi Arabia, United Arab Emirates) and imports (Kuwait, Morocco, Saudi Arabia, Uzbekistan).

The report also states that countries have improved transparency by increasing public access to information related to regulation of building permits (Georgia); Electricity Tariffs Publication (Egypt and Pakistan); Increasing transparency of information related to property registration (Azerbaijan, Bahrain, Kuwait, Pakistan, Qatar, Tunisia)