ISLAMABAD: The fifth meeting of the Special Investment Facilitation Council’s Apex Committee was held in Islamabad with a focus on improving the overall business and investment environment in the country imperative for ‘Economic Revival’. In the meeting, Prime Minister Anwaarul Haq Kakar urged government ministries to strive for optimal results regardless of the limited time available to the interim government.
Caretaker Prime Minister Kakar chaired the meeting with the attendants including Chief of Army Staff (COAS) General Syed Asim Munir, federal cabinet members, provincial chief ministers, and high-level government officials.
During the meeting, relevant ministries presented their plans and roadmaps to address macroeconomic challenges, governance-related hurdles, and regulatory deficiencies in order to attract both foreign and domestic investments and stimulate economic growth.
The SIFC Apex Committee deliberated on various short-term, medium-term, and long-term measures to achieve the envisioned economic gains. Caretaker Prime Minister Kakar approved various practical steps to implement quickly.
He stressed the importance of ministries delivering optimal results despite the interim government’s limited tenure and emphasized the need to lay a strong foundation for the future government.
Earlier in the week, the fourth meeting of the SIFC Executive Committee (Functional Tier) took place with the objective of removing obstacles and enhancing the overall investment environment.
The Special Investment Facilitation Council (SIFC) continues to actively promote investment-related initiatives through comprehensive engagements involving all stakeholders. The ongoing efforts aim to create a conducive environment for investment in Pakistan, with a focus on policy interventions, visa facilitation for investors, dispute resolution mechanisms, and technical refinements in various sectors such as agriculture, IT, minerals, and energy.
