Breaking News

Pakistan Bolsters Foreign Investment with New Desks Under Special Investment Facilitation Council

Islamabad, In efforts to enhance foreign investments in Pakistan, Information and Broadcasting Minister Attaullah Tarar announced today that seven new desks have been established under the Special Investment Facilitation Council (SIFC). These desks aim to streamline investments from key global economies including Saudi Arabia, the UAE, Qatar, China, the European Union, the US, and the Far East.

According to Ministry of Information and Broadcasting, Minister Tarar, during a press conference in Islamabad, highlighted the positive feedback from international investors about the one-window facility provided by the SIFC. Notable commitments include a ten billion dollar investment from the UAE and a prospective five billion dollar investment from Saudi Arabia.

The minister also noted an upcoming visit by Prime Minister Shehbaz Sharif to China, expected to further the China-Pakistan Economic Corridor (CPEC) initiatives. Tarar expressed optimism about the national economy, citing improvements in the Current Account Deficit, a surge in IT exports, and recognition from global financial institutions. He criticized the opposition’s narrative, asserting that it would not impede Pakistan’s developmental trajectory.

Check Also

Kashmir: A Persistent Nuclear Flashpoint, Says Pakistani Parliamentary Committee Chair

Islamabad: Chairman of the Parliamentary Committee on Kashmir, Rana Muhammad Qasim Noon, has highlighted the unresolved status of Kashmir as a critical issue stemming from the partition of the subcontinent, labeling it a potential nuclear flashpoint i...

The post Kashmir: A Persistent Nuclear Flashpoint, Says Pakistani Parliamentary Committee Chair appeared first on pakistannewsgazette.com.