Islamabad: The Special Investment Facilitation Council (SIFC) has been tasked with accelerating regulatory reforms to enhance the ease of doing business in Pakistan. This move aims to eliminate red tape, simplify licensing, and remove bureaucratic barriers that have historically hampered business growth in the country.
According to Press Information Department, the Board of Investment (BoI) initially introduced the regulatory guillotine framework, but progress was hindered by systemic challenges. In response, the Prime Minister has assigned SIFC to drive these reforms using its comprehensive “whole-of-government” approach.
Under SIFC’s leadership, the pace of reform has increased, ensuring effective coordination among agencies and propelling structural changes. This initiative seeks to position Pakistan as a competitive hub for both global and domestic investors by reducing operational costs and lowering entry barriers for businesses.