{"id":54476,"date":"2024-01-31T04:26:06","date_gmt":"2024-01-31T04:26:06","guid":{"rendered":"https:\/\/news.pakistaninewspaperlist.com\/economic-stability-signals-positive-shift-the-express-tribune\/"},"modified":"2024-01-31T04:26:06","modified_gmt":"2024-01-31T04:26:06","slug":"economic-stability-signals-positive-shift-the-express-tribune","status":"publish","type":"post","link":"https:\/\/pakistaninewspaperlist.com\/news\/economic-stability-signals-positive-shift-the-express-tribune\/","title":{"rendered":"\u2018Economic stability signals positive shift\u2019 | The Express Tribune"},"content":{"rendered":"
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\nKARACHI:
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Board of Investment (BoI) Secretary, Dr Sohail Rajput, addressed a high-profile session at the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), highlighting the economy\u2019s stabilisation over the past year. Rajput credited this positive shift to strict fiscal discipline and adherence to the conditions of the International Monetary Fund Standby Agreement.<\/span><\/p>\n

Highlighting the government\u2019s commitment to facilitating investors, Rajput noted the establishment of the SIFC, functioning as a one-window solution for investors. In his briefing on the Pakistan Regulatory Modernisation Initiative, Rajput outlined the government\u2019s efforts to streamline the industrial setup by consolidating the issuance of NOCs and licenses under a unified one-window system.<\/span><\/p>\n

Read\u00a0<\/strong><\/span>IMF warns of risks to economy despite stabilisation<\/a><\/p>\n

FPCCI Acting President, Saquib Fayyaz Magoon, identified the lack of a centralised, updated database of Pakistani businesses as a significant hurdle to attracting FDI. Magoon urged the prioritised launch of the Pakistan Business Portal as FPCCI\u2019s focal demand.<\/span><\/p>\n

Published in The Express Tribune, January 31st<\/sup>, 2024.<\/span><\/em><\/p>\n

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