Search For "sifc"
Pakistan's governance crisis deepens as IMF criticises SIFC's unchecked au
Updated : 2 months ago IST
Pakistan's Ministry of Finance has acknowledged that the Special Investment Facilitation Council (SIFC) lacks institutionalised transparency, an omission the International Monetary Fund (IMF) warns could further damage investor confidence and weaken policy stability.
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IMF flags deep corruption risks, urges urgent reforms to lift Pakistan's e
Updated : 3 months, 3 weeks ago IST
The IMF's new assessment warns that Pakistan faces deep corruption and governance weaknesses and must enact urgent reforms. It says improving transparency, oversight and tax systems could raise GDP by up to 6.5 per cent, while political influence and weak institutions continue to undermine p
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Pakistan's actions towards reducing electricity tariffs fails to get past
Updated : 11 months, 3 weeks ago IST
A reduction in electricity tariffs, as promised by the government of Pakistan, could not get past the International Monetary Fund (IMF), which is presently holding back a staff-level agreement (SLA) on the first biannual review of the USD 7 billion Extended Fund Facility (EFF), according to
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IMF denies Pakistan's request for tax exemptions on foreign investment pro
Updated : 1 year ago IST
The International Monetary Fund (IMF) has turned down Pakistan's request for tax exemptions on foreign investment projects, as reported by the Express Tribune.
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Pakistan: Awami Tareek holds march to protest against govt's plan to build
Updated : 1 year, 1 month ago IST
Carrying placards and banners, Awami Tareek members, including women and children, staged a march from Ghaghar Phatak to Gulshan-i-Hadeed.
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Pakistan: PIA likely to be sold to a foreign government via SIFC
Updated : 1 year, 4 months ago IST
Pakistan International Airlines (PIA) may be sold to a foreign government, with the Privatisation Commission reportedly rejecting a Rs10 billion bid from the Blue World Consortium, ARY News reported on Wednesday, citing sources.
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Ahead of polls, Special Investment Facilitation Council approves splitting
Updated : 2 years, 1 month ago IST
Ahead of the general elections, the Special Investment Facilitation Council (SIFC) of Pakistan on Friday gave the approval for the division of the Pakistan International Airlines (PIA) into two different entities. However, the unpaid liabilities of the company will be parked in the upcoming
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Pakistan: PM Kakar asks for support from UAE, Saudi Arabia
Updated : 2 years, 6 months ago IST
The interim premier stated that the recently established Special Investment Facilitation Council (SIFC) would continue to function as before to set the groundwork for accelerating foreign investments, particularly those from the kingdom. This was said during a meeting with Saudi Ambassador N
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Construction of SIFCO's organic food processing units underway in Rangpo
Updated : 5 years, 4 months ago IST
East Sikkim (Sikkim) [India], November 11 (ANI): The construction of two integrated food processing units, which are being set up under IFFCO's organic joint venture, Sikkim IFFCO Organics Ltd (SIFCO), has started at Rangpo, Sikkim.
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