In the global economic landscape, where foreign direct investment (FDI) is significant for economic advancement, several obstacles exist that hinder the nations of the Global South from realizing their full economic potential. Likewise, Pakistan is facing multiple obstacles, ranging from bureaucratic and systematic hurdles to regulatory barriers and legislative complexities, resulting in a smaller influx of FDI into the country. Realizing the country’s investment potential, the Pakistani government established the Special Investment Facilitation Council (SIFC) to reinvigorate economic growth by attracting investments from local and foreign investors and facilitating the privatization of state-owned enterprises (SOEs). The SIFC, born out of the ‘Economic Revival Plan’, emphasizes Pakistan’s commitment to fostering an investment- and business-friendly ecosystem and ...
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Mahnoor Ali