Special Investment Facilitation Council

Special Investment Facilitation Council
TypeGovernmental
PurposeTo attract foreign investment and boost the country's economy
Location
Membership
All Provincial Chief Ministers and the Army Chief
Chair
Shehbaz Sharif

The Special Investment Facilitation Council (SIFC) is a government body under constituted under the Prime Minister of Pakistan, (Incumbent, Shehbaz Sharif). The SIFC was established on 20 June 2023 with the stated goal of acting as a "'single window' to facilitate investors, establish cooperation among all Government departments, and fast-track project development."[1] The council consists of all Provincial Chief Ministers, Chief Secretaries, and the Army Chief. The SIFC has been assigned the task of increasingForeign Direct Investment (FDI) in Pakistan to targeted level of $5 billion.[2][3] The SIFC is also notable for the involvement of the Army in joint civil-military economic decision making.[4]

  1. ^ "Establishes the Special Investment Facilitation Council (SIFC)". unctad.org. UN Trade and Development. 20 June 2023.
  2. ^ "PM assigns special council $5b foreign investment task". Nation.com.pk. 22 June 2023. Retrieved 2023-09-02.
  3. ^ "Briefing session for resident Diplomatic Missions held at Foreign Office, Islamabad". www.radio.gov.pk.
  4. ^ "New 'investment facilitation' council gives Pakistan army formal seat at economic table". Arab News PK. June 21, 2023.