SIFC Apex Committee Reviews Progress on Key Economic Initiatives

Fri Feb 02 2024
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ISLAMABAD: The 9th meeting of the Apex Committee of the Special Investment Facilitation Council (SIFC), mandated to formulate economic policies and attract foreign investment, was held with Pakistan Prime Minister Anwaar-ul-Haq Kakar in the chair on Friday. 

The Pakistan Army Chief General Syed Asim Munir, Federal Cabinet members, Provincial Chief Ministers, and high-ranking government officials attended the meeting and reviewed various initiatives through the SIFC platform.

During the meeting, ministries presented progress on ongoing projects and policy initiatives, outlining plans for future efforts to attract investment. The Committee expressed deep satisfaction with the overall progress and lauded the ‘Whole of Government Approach’ for realizing envisioned dividends.

The Committee scrutinized advancements in various measures, acknowledging the positive contributions to improving the macro and micro-economic conditions in the country.

The Committee commended steps taken to establish a sustainable ecosystem for nurturing potential and attracting investments.

This included cross-sectoral policy interventions, human resource development, infrastructural enhancements, and fortifying domestic dispute resolution mechanisms.

Furthermore, the Committee reviewed and appreciated progress in economic engagements with friendly nations, emphasizing the efficient realization of investment commitments for economic dividends.

The Committee granted principal approval for the Strategic Canals Vision 2030 and FBR Reforms during the meeting.

SIFC Apex Committee Reviews Progress on Key Economic Initiatives 1

PM Applauds SIFC’s Role in Achieving Economic Milestones

The Chief of the Army Staff reassured the unwavering commitment of the Pakistan Army to support the government’s initiatives for economic stability and the socio-economic well-being of the people.

The Prime Minister acknowledged the pivotal role played by SIFC, ministries, departments, and affiliated stakeholders in achieving significant economic milestones under the Interim Government.

He urged the incoming government to ensure the continuity of economic policies by building on the positive momentum established by SIFC, for the greater good of the country.

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