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Government Advances Foreign Investment with Support from SIFC

Islamabad: The government has enacted measures aimed at boosting foreign investment, leveraging the expertise of the Special Investment Facilitation Council (SIFC). In the initial half of the current fiscal year, foreign investment surged by 20 percent, culminating at $1.329 billion.

According to a statement by Ministry of Information and Broadcasting, notable investments have come from Hong Kong, the UK, and Switzerland, with China contributing a substantial 40 percent of the total investment. This marks a strategic effort by the government to enhance international economic ties and strengthen the nation’s financial landscape.

Additionally, Pakistan has distinguished itself as the first nation to implement the Digital Foreign Direct Investment plan under the World Economic Forum. This initiative is designed to foster cross-border digital investment, with SIFC playing a pivotal role in facilitating this endeavor.

The government’s proactive stance underscores its commitment to creating a conducive environment for foreign investors, signaling a promising trajectory for the country’s economic growth.

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