Islamabad, The Apex Committee of the Special Investment Facilitation Council (SIFC) has declared its firm commitment to combat smuggling, hoarding, and market manipulation, in a bid to stabilize Pakistan’s economic trajectory and provide immediate relief to its citizens.
According to Ministry of Information and Broadcasting, the Apex Committee meeting, chaired by Caretaker Prime Minister Anwaar-ul-Haq Kakar, took place in Islamabad with the attendance of high-level officials including the Chief of Army Staff, Federal Cabinet, and Provincial Chief Ministers. The meeting entailed a thorough review of various projects and initiatives being advanced through the SIFC.
The Committee reported satisfaction with the progress in key sectors under the SIFC’s oversight. It lauded the enhancement in economic engagements with friendly nations, highlighting the finalized 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.
The forum instructed rapid conversion of these diplomatic commitments into tangible economic outcomes. Moreover, the Committee acknowledged the collaborative efforts in privatization and maintaining momentum in achieving critical benchmarks. It also endorsed several policy-level interventions to improve the investment climate, including bolstering the domestic dispute resolution mechanism.
The Committee reached a consensus on accelerating infrastructure development, particularly in remote areas, to better support investors and acknowledged the ongoing inclusive approach toward human resource development in vital economic sectors.
Chief of Army Staff General Syed Asim Munir reaffirmed the Pakistan Army’s unwavering support for governmental initiatives directed at the country’s economic recovery. Concluding the session, Prime Minister Kakar urged all stakeholders to diligently advance various SIFC initiatives, ensuring their timely completion.