The Policy Framework for Investment (PFI) has been extensively used in dozens of countries since it was first agreed in 2006. The OECD has conducted a multi-stakeholder update of this instrument ensure its continued impact in a world that has significantly changed over the past decade.
The Policy Framework for Investment (PFI) is a non-prescriptive tool for improving investment policy for development. It helps governments to design and implement policy reforms to create a truly attractive, robust and competitive environment for domestic and foreign investment.
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The Framework provides a checklist of key policy issues for consideration by any government interested in creating an enabling environment for all types of investment and in enhancing the development benefits of investment to society. In this way, the Framework also aims to advance the implementation of the Sustainable Development Goals and to help mobilise financing for development.