Pronunciation: [wˈɑːɹə] (IPA) 
The word "OIRA" can be challenging to spell because it follows English phonetics rules. The IPA phonetic transcription for "OIRA" spells it as /ou·ra/. The first "O" is pronounced as "oh," and the "I" is pronounced as "ee," creating a diphthong sound. The second "R" is pronounced as "er," and the final "A" is pronounced as "ah." Despite its complexity, accurate spelling of "OIRA" is crucial, especially in a professional setting.
OIRA stands for the Office of Information and Regulatory Affairs. It is an agency within the United States federal government that falls under the purview of the Office of Management and Budget (OMB). OIRA has the responsibility of reviewing and coordinating federal regulations and policies across various government agencies.
The primary purpose of OIRA is to ensure that federal regulations are effective, efficient, and do not impose unnecessary burdens on the economy or society. OIRA serves as a central authority for regulatory oversight and analysis of proposed and existing regulations.
One of the primary functions of OIRA is regulatory review, where it examines proposed regulations and evaluates their costs and benefits, potential impacts on industries and businesses, and their consistency with existing laws. OIRA also plays a vital role in coordinating the administration's regulatory policy, ensuring that agencies follow consistent practices and guidelines.
Additionally, OIRA serves as a liaison between the regulatory agencies, the White House, Congress, and the public, providing oversight and transparency in the regulatory process. It serves as a platform for stakeholders to provide feedback on regulations and policies, fostering input from industry representatives, advocacy groups, and the public.
Overall, OIRA plays a pivotal role in shaping federal regulations by promoting evidence-based decision-making, cost-effectiveness, and efficient policy outcomes. Its objective is to strike a balance between regulatory objectives and minimizing burdens on the economy and society.
