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Story summary
- Special Investment Facilitation Council (SIFC) in Pakistan advocates an export-driven model to attract foreign direct investment (FDI).
- Lt. Gen. Sarfraz Ahmad, National Coordinator of the Special Investment Facilitation Council (SIFC), called to cut corporate taxes above 50% and end the super tax.
- Local investment is crucial to attract foreign capital, since many Pakistani investors invest abroad.
- The government aims to raise tax compliance and reach 18% tax-to-GDP ratio by 2028.
