The ministry prepared the report as part of an action plan of the International Monetary Fund's (IMF) Governance and Corruption Diagnostic Assessment. The body was set up after Gulf nations complained about the lack of coordination among various entities of Pakistan, which was blocking investment inflows. This can weaken efficiency, blur the distinction between facilitation and discretion, and constrain the credibility of investment governance mechanisms, it said. The IMF's governance report also highlighted the issues arising out of the parallel existence of the Board of Investment and the SIFC. "While the SIFC was established to accelerate investment and privatisation efforts, the Board of Investment continues to exist," stated the IMF's report released six weeks ago.

Source: The Express Tribune January 09, 2026 05:03 UTC