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SIFC Achieves Significant Success

Islamabad: Special Investment Facilitation Council (SIFC) in its second year achieved significant success in the areas of economy, investment, and reforms. Remittances witnessed a remarkable increase of 28.79 percent, with seventy percent of these remittances coming from Saudi Arabia, the UAE, the UK, and the USA.

According to Radio Pakistan, there has been a growing demand for Pakistani textiles and garments in international markets. Confidence of global institutions and rating agencies has been restored on Pakistan due to SIFC's effective policies. The IMF has indicated that Pakistan's economy is on the right track, while Moody's has upgraded Pakistan's outlook to positive.

Pakistan is also preparing to issue its first Panda Bond in China, with the funds to be allocated towards modern agriculture, farming, and AI-based projects. There has been a one hundred and sixty-three percent increase in investment in rubber products, while the social services sector experienced a four hundred and sixteen percent surge in investment.

Investment in construction and cement sectors remained stable, with significant acceleration in infrastructure projects, marking a positive trajectory for the country's economic growth and development.

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