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ISLAMABAD: The Apex Committee of the Special Investment Facilitation Council (SIFC) has deliberated various measures to be taken in short-, medium- and long-term to reap the envisaged dividends.

The 5th Apex Committee meeting of the SIFC was presided over by Prime Minister Anwaar-ul-Haq Kakar, on Friday, with a singular focus on improving the overall business and investment environment in the country being imperative for economic revival.

The meeting was attended by the chief of army staff, federal cabinet, provincial chief ministers and high-level government officials.

SIFC’s strategy to achieve global traction praised

The concerned ministries presented their plans/roadmaps to overcome the macroeconomic challenges, governance-related impediments and voids in regulatory mechanisms in a bid to attract both foreign and domestic investment and stimulate economic growth.

The committee deliberated upon various measures to be taken in short, medium and long-term to reap the envisaged dividends. Various practical steps were approved by the prime minister that will be operationalised as soon as possible.

The prime minister asked the ministries to deliver optimal results irrespective of the time that is available with the interim government and emphasized laying a strong foundation for the future government.

Copyright Business Recorder, 2023

Comments

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TidBit Sep 09, 2023 07:10am
All this is hogwash. What happened to the CPEC game-changer? That Gwadar will become like Dubai. What happened to the Geoeconomic game changer? now a new story is being spun to turn attention away from jailing IK. If IK wins election will the rules still be the same.
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Salim Sep 09, 2023 12:34pm
In all these years since independence we still can’t figure out how to improve the economy. We still are asking the ministries to present plans! What a joke.
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Builder Sep 09, 2023 02:58pm
We need new faces in next elections rejecting all legacy ones, no exception. These legacy parties haven't done anything in 76 years except rampant corruption. If anyone claims otherwise, it's brutally false. I hope current managers of the country understand this and wouldn't let the elections rigged.
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