ISLAMABAD – The federal government informed the National Assembly that Pakistan has received $2.3 billion in foreign investment since the launch of the Special Investment Facilitation Council (SIFC) in June 2023. These inflows were recorded by the State Bank of Pakistan between July 2023 and June 2024.
Federal Minister for Parliamentary Affairs Dr. Tariq Fazal Chaudhry credited the SIFC for removing key barriers faced by foreign investors. He added that the council is actively pushing for digital automation to make investment procedures faster and more transparent, which is helping to attract global interest.
Dr. Chaudhry also stated that SIFC’s initiatives have helped counter Indian-backed elements operating in sensitive areas. While this has increased security tensions, it has also helped stabilize regions critical for economic development and foreign project execution.
Meanwhile, the Ministry of Climate Change shared alarming statistics about Pakistan’s vulnerability to climate disasters. The country now ranks first on the 2025 Climate Risk Index by Germanwatch, largely due to the devastating 2022 floods that affected 33 million people and caused $30 billion in damage.
On a more positive note, Minister for IT Shaza Fatima Khawaja announced that Pakistan has joined the top tier of the UN Global Cyber Security Index 2024. This puts the country alongside global leaders like Singapore, Japan, and the United States. The success follows the creation of the National Cyber Emergency Response Team and ongoing reforms.
The government emphasized its commitment to boosting investment, advancing digital infrastructure, and improving climate resilience. Officials pledged to continue working with international partners to strengthen Pakistan’s economy and global standing.