The Special Investment Facilitation Council (SIFC) convened its 11th Apex Committee meeting on Thursday to review key initiatives aimed at driving Pakistan’s economic transformation. The meeting, chaired by Prime Minister Shehbaz Sharif, was attended by Chief of Army Staff (COAS) General Syed Asim Munir, federal cabinet members, provincial chief ministers, the Prime Minister of Azad Jammu and Kashmir, the Chief Minister of Gilgit-Baltistan, and senior government officials.
During the meeting, the Army Chief reaffirmed the Pakistan Army’s commitment to supporting government initiatives for economic stability, peace, and security. A press release from the Prime Minister’s Office highlighted the Army’s firm resolve to assist in achieving the country’s economic goals.
The Secretary of the Apex Committee provided a detailed briefing on the strategic focus, initiatives, and contributions of SIFC under the National Economic Transformation Plan 2024-2029, titled ‘Uraan Pakistan.’ The committee expressed satisfaction with the improvement in Pakistan’s macroeconomic conditions and emphasized the importance of collective efforts to ensure sustained economic growth and deliver benefits to the public.
The committee approved an Action Plan for the Optimization of Special Economic Zones (SEZs) to revitalize Pakistan’s industrial landscape. It also reviewed a proposal for a National Minerals Harmonization Framework, which received input and consent from all stakeholders.
Additionally, the forum was briefed on initiatives in the domain of human resource development (HRD), focusing on skill enhancement and global standard accreditation. Provincial chief ministers shared updates on ongoing projects in their respective regions, which are expected to spur economic growth and development.
Prime Minister Shehbaz Sharif commended the efforts of SIFC, ministries, departments, and stakeholders for their contributions to setting the stage for future activities in 2025. He stressed the importance of collective efforts at all levels to ensure the country’s economic progress and stability.
