The Apex Committee of the Special Investment Council (SIFC) affirmed its determination to persist in combatting smugglers and stock hoarders. Army Chief General Asim Munir reiterated strong support for the government’s economic ventures.
Under the leadership of Caretaker Prime Minister Anwarul Haq Kakar, the eighth SIFC Apex Committee meeting convened in Islamabad. It saw participation from the Chief of Army Staff, members of the Caretaker Federal Cabinet, Provincial Chief Ministers, and senior government officials.
Federal Ministries reported progress on pivotal projects and assured timely investment completion. The SIFC apex committee expressed contentment with the overall progress across various sectors.
The committee commended the finalized bilateral investment pacts with Saudi Arabia and Qatar, alongside the signed memorandums and framework agreements with the United Arab Emirates and Kuwait, highlighting enhanced economic relations with allied nations.
Instructions were issued to promptly materialize the aforementioned Memorandums of Understanding (MoUs) into tangible economic initiatives.
Reviewing the country’s privatization progress, the Apex Committee praised stakeholders’ collective cooperation, directing the sustenance of this momentum.
Policy-making approvals were granted to facilitate investors, including bolstering the domestic dispute resolution mechanism, as part of various measures to improve the investment climate.
Emphasis was laid on accelerating infrastructure construction to support investors, particularly in remote areas.
The committee acknowledged an inclusive approach to meet evolving needs in vital economic sectors and the development of human resources.
General Asim Munir reaffirmed the unwavering commitment of the Pakistan Army to bolster the government’s economic recovery initiatives.
Caretaker Prime Minister Anwarul Haq Kakar concluded by urging all stakeholders to vigorously promote SIFC’s initiatives, ensuring timely project completions.
