As Bangladesh aims to revitalize its economy and attract fresh investment, the push for regulatory reform is not just timely, it is most essential. Responding to mounting pressure from both domestic business leaders and international development partners, the interim government started to talk about an ambitious reform program. I believe at the heart of this effort should lie the proposal to establish a “Regulatory Reform Commission (RRC)”, a dedicated body tasked with overhauling archaic rules and processes that constrain economic activity. This mismatch between policy and progress reinforces the case for a permanent reform commission. A well-functioning Regulatory Reform Commission can deliver just that -- not merely by cutting red tape, but by making the economy more adaptive, inclusive, and competitive in a fast-changing world.
