Special Investment Facilitation Council
Coverage of Special Investment Facilitation Council in the Nexus archive.
- Dar says Pakistan 'confident' bilateral trade with US can double to $20bn in next 5 years
Pakistan's Deputy Prime Minister and Foreign Minister Ishaq Dar expressed confidence that bilateral trade with the United States could double to $20 billion in five years, citing current trade at $9.4 billion and opportunities in sectors like energy, technology, and agriculture. He highlighted initiatives such as the Special Investment Facilitation Council to streamline investments and strengthen economic ties.
- Investment promotion
Pakistan's merger of the Board of Investment (BOI) and Special Investment Facilitation Council (SIFC) presents an opportunity to reform investment promotion. The article argues that institutional changes alone cannot overcome fragmented policies on taxation, energy pricing, and regulation, citing successful models in Singapore, Ireland, Costa Rica, and Uzbekistan. It emphasizes the need for coherent economic strategies and political will to address systemic barriers to investment.