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PM Addresses Special Investment Facilitation Council

 

The tenth meeting of the Apex Committee of the Special Investment Facilitation Council (SIFC) was held at the Prime Minister’s House under the chairmanship of Prime Minister Shehbaz Sharif. The meeting focused on reviewing and expressing satisfaction with the current investment initiatives under SIFC.

The meeting was attended by key government officials, including Deputy Prime Minister and Foreign Minister Ishaq Dar, Federal Minister for Information and Finance Minister Muhammad Aurangzeb, Interior Minister Mohsin Naqvi, Defense Minister Khawaja Asif, and Energy Minister Owais Leghari. The chief ministers of all four provinces were also present: Chief Minister of Khyber Pakhtunkhwa, Ali Amin Gandapur; Chief Minister of Punjab, Maryam Nawaz; Chief Minister of Sindh, Murad Ali Shah; and Chief Minister of Balochistan, Sarfaraz Bugti. Additionally, the chief secretaries of all provinces participated in the meeting.

During the meeting, the provincial leader ministers expressed their pride in the progress and projects undertaken via SIFC. PM Shehbaz Sharif emphasized the significance of concerning provincial governments in the SIFC methods. He highlighted a widespread investment dedication from the United Arab Emirates. Which has allocated 10 billion bucks for funding in Pakistan. He noted that this shift from reliance on foreign resources to fostering exchange and monetary cooperation marks a huge trade within the United States’s economic strategy.

PM Addresses Military Leadership’s Role in Promoting Foreign Investment

The Prime Minister also mentioned that the initiatives taken by SIFC have received positive feedback from friendly countries. He acknowledged the crucial role played by the military leadership in promoting foreign investment. Stating that their efforts have been instrumental in creating a favorable investment climate.

Furthermore, Prime Minister Shehbaz Sharif warned that bureaucratic hurdles hindering foreign investment might no longer be tolerated. He reiterated the authorities’ commitment to facilitating and streamlining investment strategies to attract extra overseas capital.

The participants of the meeting expressed their delight with the progress made on the choices from preceding Apex Committee meetings. They preferred the collaborative efforts and tangible consequences to this point. Which reflects a unified method for enhancing investment and monetary growth in Pakistan.

At the tenth meeting of the SIFC’s Apex Committee, participants collectively committed to furthering investment initiatives involving provincial governments. This ensures a conducive environment for foreign investments in Pakistan.

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