SIFC convened the 9th meeting of its Apex Committee.

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Islamabad: Special Investment Facilitation Council convened the 9th meeting of its Apex Committee on 2 February 2024 to review various initiatives being steered through the SIFC forum. The meeting was chaired by the Caretaker Prime Minister Anwaar-ul-Haq Kakar and attended by Chief of the 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 showed profound satisfaction on overall progress and appreciated ‘Whole of Government the Approach’ in realising the envisioned dividends.

The Committee reviewed progress on various measures and appreciated the contribution made for improving macro and micro-economic conditions of the country.

The Committee commended the steps taken to build a sustainable ecosystem for nurturing latent potential and attracting investments, with special emphasis on 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.

Committee also gave principal approval for Strategic Canals Vision 2030 and FBR Reforms.

Chief of the Army Staff assured firm resolve of Pakistan Army to support Government’s initiatives for economic stability of the country and socio-economic well-being of its people.

At the end, the Prime Minister appreciated the role of SIFC, ministries, departments and affiliated stakeholders in accomplishing the major economic milestones as part of the Interim Government and setting the pace for future endeavours.

He also urged the incoming Government for ensuring continuity of economic policies by capitalising on the positive momentum established by SIFC, in the larger interest of the country.