The Regulatory Reforms Commission (RRC) will send a set of recommendations to the government in one month, aiming to bring dynamism to economic activities, its chairman Akbar Ali Khan made the disclosure Monday.
"Our prime duty is to reduce government control on rules and regulations," Khan told the press after the first meeting of the commission at the Board of Investment (BoI) office, reports bdnews24.com.
"The commission has also decided to submit its recommendations every month," he said.
Commission members FBCCI President Mir Nasir Hossain, businessman Abdur Rouf Chowdhury and economists Hossain Zillur Rahman and Prof Mustafizur Rahman were present at the briefing.
In a major policy development, the interim administration formed the 17-menber commission on October 30 to modernise the age-old rules and regulations to infuse dynamism into the economy, governance and administration.
Khan said the country's existing rules and regulations needed to be updated to cope with fast-paced globalisation.
"But our priority is to update and ease the rules related to economic activities, investment, commerce and trade," he said.
RRC to recommend steps for economic dynamism
FE Team | Published: November 20, 2007 00:00:00 | Updated: February 01, 2018 00:00:00
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