SIFC approves policy level interventions to facilitate investors

Pakistan Jan, 3 2024
SIFC approves policy level interventions to facilitate investors
  • 327
  • 0

ISLAMABAD: Apex Committee of Special Investment Facilitation Council (SIFC) chaired by caretaker Prime Minister Anwaarul Haq Kakar reviewed progress on various measures being undertaken to improve investment climate and approved various policy-level interventions to further facilitate investors including strengthening of domestic dispute resolution mechanism.

Committee reviewed various projects and initiatives being pursued through platform of SIFC. It reviewed progress on privatisation and appreciated collaborative approach of various stakeholders in timely completion of various critical benchmarks and gave directions to maintain momentum, PM Office Media Wing said in press release.

Chief of Army Staff General Syed Asim Munir, members of caretaker Cabinet, caretaker provincial chief ministers and high level officials attended meeting.

Committee developed consensus on fast tracking infrastructural development to facilitate investors, especially in remote areas of country and appreciated ongoing inclusive approach towards human resource development to support emerging needs in key sectors of economy.

Ministries presented progress on projects being steered in key sectors and gave plans for timely realisation of envisaged investments. Kakar directed all stakeholders to vigorously pursue various SIFC’s initiatives to ensure their accomplishment within stipulated timeframe.

Chief of Army Staff assured unwavering resolve of Pakistan Army to support government’s initiatives aimed at economic recovery of country. Forum gave directions to convert sovereign commitments into economic reality at fast pace.

It also showed firm resolve to take action against smugglers, hoarders and market manipulators that had impacted economic trajectory and to provide immediate relief to common citizens.

Published in The Daily National Courier, January, 04 2024

Like Business on Facebook, follow @DailyNCourier on Twitter to stay informed and join in the conversation.

National Courier
National Courier https://www.dailynationalcourier.com/author/national-courier
Daily National Courier is a leading morning English newspaper of twelve pages covering all international and national political developments on 24/7 basis.

NC Big Stories

New form of Indian terrorism

Ever since the Indian intelligence agency RAW has eliminated some freedom fighters in foreign countries, its operations have been increasing. The Indian intelligence agency killed some characters fighting for the freedom of Khalistan in Western count...

WB proposes debt management reform

ISLAMABAD: The World Bank has recommended the creation of a permanent Debt and Risk Management Committee (DRMC) in Pakistan to manage escalating fiscal risks and improve the fragmented approach to debt management. The proposed committee would be dir...

SBP reaffirms commitment to enhancing financial inclusion

KARACHI: The Governor of the State Bank of Pakistan (SBP), Jameel Ahmad, reiterated the central bank's commitment to boosting financial inclusion in the country through enhanced collaborations with both international and domestic stakeholders. These...

Aurangzeb, Lee discusses strengthening Pakistan-Hong Kong economic ties

ISLAMABAD: Finance Minister Muhammad Aurangzeb emphasized the importance of strengthening economic and diplomatic ties between Pakistan and Hong Kong during his meeting with John K C Lee, Chief Executive of the Hong Kong Special Administrative Region...

More like this
Related

New polio case reported in Jacobabad district

Jacobabad: National Institute of Health (NIH) confirmed a new polio case in Jacobabad District, Sindh, marking another instance of the virus in Pakistan. According to details, the affected child exhibited signs of disability on December 27, 2024, acc...

Gohar denies any deal, says talks to be held on two points

ISLAMABAD: Chairman PTI Barrister Gohar Ali has denied any deal and said the talks will be held on two points. Talking to media at judicial complex, PTI leader said that the talks being held for improvement of the political system in the country. He...

LHC CJ’s online case tracking initiative to help lawyers, litigants

LAHORE: Lahore High Court (LHC) Chief Justice Aalia Neelum has approved the implementation of a plan to allow citizens access to case updates from their homes through a website and mobile app. As part of her commitment to reducing public hardships,...

‘Nobody has offered deal to Imran Khan,’ avers Kh Asif

Islamabad: Defence Minister Khawaja Asif said that nobody had offered a deal to Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan. Lashing out at the political opponents, Asif said, “The kind of language the opposition has used yesterday heral...
Need Help? Chat with us