Islamabad, The Apex Committee of the Special Investment Facilitation Council (SIFC) has declared a strong commitment to combating smugglers, hoarders, and market manipulators, in an effort to stabilize the country’s economy and provide relief to its citizens. The committee convened in Islamabad today under the leadership of Caretaker Prime Minister Anwaar-ul-Haq Kakar, to review and advance various projects and initiatives.

According to Ministry of Information and Broadcasting, the meeting was notable for its high-level attendance, including the Chief of Army Staff, Federal Cabinet, Provincial Chief Ministers, and other top government officials. The Federal Ministries presented updates on projects in key sectors, outlining plans for the timely realization of envisaged investments.

The Committee expressed satisfaction with the progress achieved in crucial sectors under the aegis of SIFC. Noteworthy was the appreciation of enhanced economic engagements with friendly countries, exemplified by the finalization of Bilateral Investment Treaties with Saudi Arabia and Qatar, and the signing of Memorandums of Understanding and Framework Agreements with the United Arab Emirates and Kuwait, respectively.

The forum directed a swift conversion of these sovereign commitments into economic realities. It also reviewed and lauded the progress on privatization, emphasizing the importance of maintaining momentum and a collaborative approach among various stakeholders.

Significant policy-level interventions were approved to further facilitate investors. These include strengthening the domestic dispute resolution mechanism and fast-tracking infrastructural development, particularly in remote areas. The Committee also acknowledged the importance of human resource development in supporting emerging economic sectors.

General Syed Asim Munir, Chief of Army Staff, reiterated the Pakistan Army’s unwavering support for government initiatives aimed at economic recovery. In conclusion, Prime Minister Anwaar-ul-Haq Kakar directed all stakeholders to vigorously pursue SIFC initiatives, ensuring their timely accomplishment.

The meeting underscores a comprehensive approach to enhancing the country’s investment climate, addressing economic challenges, and promoting sustainable development.