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.
The Pakistan government has set up a new government-owned company tasked with developing tourism in Pakistan, but the new measure can potentially compromise the economic autonomy of the local population.
Opposition leaders in Gilgit City of Pakistan-occupied Gilgit Baltistan (PoGB) this week organised a press conference raising their concerns over the wrongdoings of the ruling party and the matter of leasing guest houses and forest lands to private entities in PoGB
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
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