Home News PM Shehbaz Elevates SIFC to Division Status
PM Shehbaz Elevates SIFC to Division Status
Prime Minister Shahbaz Sharif has approved the elevation of the Special Investment Facilitation Council (SIFC) to the status of a Division.
Following this approval, the Cabinet issued a memo officially declaring SIFC as a division. The Rules of Business 1973 have been updated to reflect this change and include instructions for amending the SIFC Division accordingly.
SIFC was formed in June 2023 in a bid to attract foreign investment and frame economic policies. So far, the council has yet to do anything definitive to help the economy prosper.
