Market Regulation Expert - REMIT Programme

Market Regulation Expert

Background

The Revenue Mobilisation, Investment and Trade (REMIT) programme (2021–2027), funded by the UK’s Foreign, Commonwealth and Development Office (FCDO) and implemented by Adam Smith International (ASI), provides technical assistance to the Government of Pakistan to strengthen macroeconomic stability, improve governance systems, and enhance conditions for sustainable economic growth.

A central component of this support is the implementation of the Prime Minister’s Economic Governance Reforms (PM-EGR), a comprehensive, time-bound reform programme approved on 31 December 2025. The PM-EGR spans 15 priority reform areas and 141 action items and is recognised as a Structural Benchmark under the IMF Extended Fund Facility (EFF).

A key reform priority under PM-EGR is improving regulatory governance and market efficiency, particularly under:

• Reform Action 3: Enhancing Regulatory Predictability and Consistency

• Reform Action 4: Minimizing Regulatory Compliance Costs

These reforms aim to reduce regulatory uncertainty, streamline approvals, eliminate redundant regulations, and improve the overall business environment.

Activity Context

Pakistan’s regulatory landscape is characterised by:

• Fragmented regulatory frameworks across institutions

• Overlapping mandates and duplicative requirements

• High compliance costs for businesses

• Limited transparency and predictability in regulatory processes

PM-EGR seeks to address these challenges through reforms such as:

• Establishing a National Regulatory Registry

• Creating a one-stop shop for approvals

• Reviewing and eliminating unnecessary regulations

• Digitising regulatory processes

The Market Regulation Expert will provide specialised technical expertise to support the implementation and refinement of these reforms, ensuring alignment with international best practices and improving private sector confidence.

Job Summary

The Market Regulation Expert will provide senior technical inputs on regulatory governance, competition, and compliance cost reduction under PM-EGR.

The role will support reform design, contribute to policy dialogue discussions, and provide advisory inputs to ensure that regulatory reforms are practical, coherent, and aligned with international standards.

Duties and Responsibilities

The roles and responsibilities include, but are not limited to:

1. Provide expert technical advice on regulatory governance reforms, including simplification, standardisation, and streamlining of regulatory processes.

2. Support design and refinement of reform actions under regulatory reform areas, including elimination of redundant regulations and compliance cost reduction measures.

3. Prepare technical assessments, analytical notes, and policy briefs on regulatory frameworks and reform options.

4. Advise on establishment and operationalisation of key initiatives such as the National Regulatory Registry and one-stop approval systems.

5. Contribute to Economic Reform Conferences through expert inputs, panel discussions, and technical sessions.

6. Support identification of regulatory bottlenecks affecting private sector development and investment.

7. Provide recommendations for improving transparency, predictability, and consistency in regulatory decision-making.

8. Support development of outcome-oriented KPIs and indicators for regulatory reform tracking.

9. Engage with key stakeholders, including regulators, ministries, and private sector representatives, to inform reform design.

10. Provide inputs for reform course correction based on implementation progress and policy dialogue outcomes.

Requirements

Qualifications and Experience

1. Advanced degree in economics, public policy, law, or a related field.

2. Minimum 10–15 years of relevant experience in:

   • Regulatory governance

   • Competition policy

   • Market regulation and reform

3. Strong understanding of:

   • Pakistan’s regulatory landscape and institutions

   • Business environment and compliance frameworks

4. Demonstrated experience in:

   • Designing regulatory reform programmes

   • Working with government and development partners

5. Familiarity with international best practices in regulatory governance and competition policy.

6. Strong analytical, advisory, and communication skills.
   

Reporting

The consultant will report to:

• REMIT Macroeconomic Adviser

• Governance & Reforms Specialist (Technical Unit Team Lead)

Duration and Level of Effort

• Days: 22

• Total LOE: 22 Days