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Special Investment Facilitation Council (SIFC) Faces Backlash Over Asset Sales in Pakistan

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On September 9, 2023, the Special Investment Facilitation Council (SIFC) got back to work in the 5th Apex Committee Meeting. Care Taker PM organized a second session to hear from important Ministries like Foreign Affairs, Interior, Information Technology and telecommunications, National Food Security and Research, and Water Resources. We wanted to find ways to make the business and investment scene in our Country even better.

The Special Investment Facilitation Council (SIFC) reconvened for the 5th Apex Committee Meeting. The second session was convened to gather insights from the Ministries of Foreign Affairs, Interior, Information Technology & Telecommunications, National Food Security & Research, and Water Resources, aiming to enhance the business and investment environment in the country. The meeting, presided over by caretaker Prime Minister Anwaar-ul-Haq Kakar, saw the attendance of the Chief of Army Staff, Federal Cabinet, Provincial Chief Ministers, and senior government officials. The ministries presented comprehensive plans, outlining specific milestones, timelines, and strategies to tackle significant challenges.

The Committee unanimously agreed to make decisions in the best interests of the country, and to combat issues such as smuggling, hoarding, and market manipulations with a robust enforcement mechanism. The Prime Minister urged the ministries to make the most of the brief interim period by making positive contributions and initiating medium and long-term policy measures. The Chief of Army Staff assured unwavering support from the Pakistan Army in bolstering the government’s efforts towards the economic revival of the country.

READ:   Products and goods that can increase Pakistan global export index?

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