SIFC reviews progress on economic engagements with friendly countries

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2024-02-02T19:41:00+05:00

Islamabad: The Apex Committee of the Special Investment Facilitation Council (SIFC) on Friday expressed satisfaction over the overall progress of the SIFC and appreciated ‘Whole of Government Approach’ in realising the envisioned dividends.

The 9th meeting of the SIFC held under the chair of caretaker Prime Minister Anwaar-ul-Haq Kakar which reviewed various initiatives being steered through the forum.

The meeting was attended by the Chief of Army Staff, federal cabinet, provincial chief ministers and high-level government officials.

The ministries presented progress on the projects and policy initiatives, and gave plans for subsequent endeavours to attract the investment.

The committee reviewed progress on various measures and appreciated the contribution made for improving macro and micro-economic conditions of the country. The body commended the steps taken to build a sustainable ecosystem for nurturing latent potential and attracting investments, with special emphasis on the cross sectoral policy interventions, human resource development, infrastructural uplift and strengthening of domestic dispute resolution mechanism.

The committee reviewed and appreciated the progress on the level of economic engagements with friendly countries and underscored the need to efficiently realise investment commitments into economic dividends.

The apex body also accorded in-principle approval for Strategic Canals Vision 2030 and FBR Reforms. The COAS assured firm resolve of the Pakistan Army to support the government’s initiatives for the economic stability of the country and the socio-economic well-being of its people.

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