Special Investment Facilitation Council (SIFC) has reported substantial economic gains through its "One Window Platform," with foreign direct investment increasing by 32.3% in the first four months of the current fiscal year. The initiative has particularly strengthened investment opportunities in IT, agriculture, mining, minerals, and energy sectors.
Recent developments include the signing of agreements worth $2.8 billion with Saudi investors during their delegation visit to Pakistan, facilitated by SIFC. The energy sector witnessed a remarkable 120% surge in foreign investment, while other key sectors recorded a 41% increase.
Remittances from overseas Pakistanis have reached $31.65 billion, contributing to foreign exchange reserves and economic stability. The Pakistan Stock Exchange has achieved historic highs, while inflation has dropped to its lowest level in six and a half years.
FPCCI Chairman Kareem Aziz Malik reports that interest rates have decreased from 23% to 13% with SIFC's support, potentially stimulating agricultural investment. An agreement between the government and IPPs (Independent Power Producers) is expected to save the national treasury up to 300 billion rupees.
