Chief Secretary to launch National Policy of Good Regulatory Practice on July 30

by TMR / pic by BERNAMA

CHIEF Secretary to the Government of Malaysia Tan Sri Mohd Zuki Bin Ali (picture), will launch the National Policy on Good Regulatory Practice (NPGRP) on 30 July 2021, according to Malaysia Productivity Corporation (MPC), an agency under the Ministry of International Trade and Industry (MITI).

MPC in a statement today said that the virtual launching ceremony themed “Boosting Productivity Through Quality Regulation” resonates the essence of NRGRP, which aims to enhance Malaysia’s business environment and the well-being of the rakyat in general by raising national productivity growth and competitive advantage.

MPC serves as the national oversight agency responsible for Malaysia’s GRP journey.

NPGRP is an improvement of the National Policy on Development and Implementation of Regulations (NPDIR) launched in 2013.

It added the adoption of Good Regulatory Practice (GRP) as a national policy is an important milestone to Malaysia’s regulatory reform.

“The step is timely as the country is going through the recovery phase from the impact of the pandemic on the economy, health, and overall public well-being.

“As regulations impact almost every aspect of lives, implementation of GRP is expected to reduce the unnecessary regulatory burdens on businesses and the public,” said MPC.

A productivity forum based on the theme is scheduled after the official launch of NPGRP featuring eminent speakers and experts in good regulatory practice, public policy, rulemaking and regulatory implementation.

Experts are expected to deliberate on aspects related to the strengthening of GRP compliance in introducing new regulations and amending the existing regulations to boost Malaysia’s productivity and competitiveness.

The forum also seeks to inculcate the importance of GRP among policymakers particularly in ensuring quality policy and regulations.