PM Kakar urges incoming government to ensure continuity of economic policies

COAS Asif Munir assures the Army's firm decision to support government initiatives for economic stability

Acting Prime Minister Anwaar-ul-Haq Kakar chairs the ninth meeting of the Higher Committee of the Special Investment Facilitation Council in Islamabad on February 2, 2024. – PID
  • The ministries presented progress on projects and political initiatives.
  • The prime minister values ​​the role of the SIFC, ministries and departments.
  • The committee gives primary approval to FBR reforms.

Just days before handing over power to elected representatives, caretaker Prime Minister Anwaar-ul-Haq Kakar on Friday urged the incoming government to ensure continuity of economic policies.

Chairing the ninth Apex Committee meeting of the Special Investment Facilitation Council (SIFC) in Islamabad, the Prime Minister advised the next government to ensure policy continuity by capitalizing on the positive momentum established by the council in the overall interest of the country. .

The Prime Minister appreciated the role of SIFC, affiliated ministries, departments and stakeholders in achieving major economic milestones as part of the interim government and setting the pace for future efforts.

On the occasion, Chief of Army Staff (COAS) General Syed Asim Munir assured the Army's firm resolve to support the government's initiatives for the economic stability of the country and the socio-economic well-being of its people.

During the meeting, the ministries presented the progress of projects and policy initiatives and gave plans for subsequent efforts to attract investment.

The meeting showed deep satisfaction with the overall progress and appreciated the “whole-of-government approach” to achieve the expected dividends.

He also reviewed the progress in various measures and appreciated the contribution made towards improving the macro and microeconomic conditions of the country.

The meeting lauded the measures taken to build a sustainable ecosystem to foster latent potential and attract investments, with special emphasis on cross-sectoral policy interventions, human resource development, infrastructure improvement and strengthening of national dispute resolution mechanism.

He reviewed and appreciated the progress at the level of economic commitments with friendly countries and underlined the need to efficiently convert investment commitments into economic dividends.

The committee also gave principal approval to the Strategic Channels Vision 2030 and the FBR reforms.

Those attending the meeting included cabinet members, provincial chief ministers and senior government officials.

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