SFIC (Special Investment facilitation council) reviewed major macro-economic issues affecting the investment climate including inordinate delays in restructuring/ privatisation of cash bleeding State Owned Enterprises (SOEs).
Special Investment Facilitation Council (SFIC) convened 6th meeting of its Apex Committee today. The meeting was chaired by Caretaker Prime Minister Anwaar-ul-Haq Kakar
A press note issued by ISPR on X
https://twitter.com/PakistanFauj/status/1709624946358456377?t=82UxwjMd0ecoobfiR9JL8A&s=19
said that General Syed Asim Munir COAS (Chief of Army Staff) assured unflinching resolve of Pakistan Army to support the Government’s endeavours for a sustainable path towards economic recovery.The meeting was held to review various initiatives being spearheaded through the SIFC forum.
Meeting was attended by, COAS, members of the Federal Cabinet, Provincial Chief Ministers and high level government officials. The ministries apprised the forum about the practical steps undertaken during the last one month to improve business and investment environment in the Country.
The Committee also reviewed major macro-economic issues affecting the investment climate including inordinate delays in restructuring/ privatisation of cash bleeding State Owned Enterprises (SOEs). The Committee also resolved with consensus on fast-tracking the privatisation process and hence, in the larger interest of the Country, reduce recurring losses to the national exchequer.
The Committee expressed overall satisfaction regarding the ongoing negotiations with foreign and domestic investors for timely realisation of various investment prospects.
The Prime Minister appreciated the good work put forth by various ministries and departments and directed to continue with the ‘Whole of the Government’ approach to overcome economic challenges being faced by Pakistan.
