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Development & Implementation of Regulatory Impact Assessment (RIA) Policy & Guidelines

The assignment will involve the following activities:

  1. Inception Report
  • Conduct meetings with BoI and PRMI stakeholders to develop a common understanding of the activity, review the regulatory code, PRMI Strategy, Asaan Karobar Act and identify a list of potential country models that can be studied in detail.
  • Present options of country models with reasoning to BoI to agree on selected case models.
  • Develop a work plan and tentative delivery approach with a timeline for development and conduct of stakeholder consultations (map all the stakeholders and briefly describe their role)
  • Present all the above as an inception report with a short final presentation to BoI.
  1. Synthesis Report of Country Models & Proposed Framework for Pakistan
  • Undertake a comprehensive analysis of countries shortlisted to review and develop a synthesis to develop a possible structure and coverage for Pakistan, (ensure that framework structure is responsive to gender and climate)
  • A short presentation and short report on the country models to be finalised in discussion with BOI.
  1. RIA Rules and Guidelines (Manual)
  • Develop comprehensive RIA Rules and Guidelines (manual) along with detailed presentations made to key stakeholders.
  • Conduct consultations and feedback sessions with the relevant stakeholders in agreement with BoI.
  • Finalise the rules and manual based on feedback.
  1. Consultation with Regulators & Pilot Testing Findings report
  • Conduct consultation sessions (4) with federal and Punjab based regulators.
  • Identify and develop pilots with federal (2) and Punjab based (2) regulators to field test the guidelines
  • Share results with regulators and BoI and broadly with other regulators to demonstrate the use of RIA
  • Finalise the manual/guidelines based on pilot testing and disseminate them broadly 
  1. Final and Approved RIA Rules and Guidelines
  • Present the final rules and guidelines and solicit approval by PRMI Steering Committee and broader level adoption across governments. Develop a short dissemination and training plan.