PM: SIFC’s performance shuts critics up

ISLAMABAD: Prime Minister Shehbaz Sharif, in his address at the 10th session of the Specialized Investment Facility Council (SIFC), praised the council’s effective performance. He emphasized that the council’s achievements counter critics and serve as a cornerstone in facilitating investment.

Key Attendees

The session, presided over by Prime Minister Shehbaz Sharif, included Deputy Prime Minister Ishaq Dar, federal ministers, all chief ministers, Army Chief General Asim Munir, and other senior officials.

Emphasis on Cooperation

In his remarks, Shehbaz Sharif highlighted the importance of commercial and economic cooperation. He noted the collaborative efforts of military and civilian personnel in driving investment-related initiatives.

Diplomatic Visit Outcomes

The Prime Minister underscored the productive outcomes of recent diplomatic visits to Saudi Arabia and the UAE. He emphasized the involvement of military and civilian officials alongside SIFC, highlighting Saudi Arabia’s confirmed investments in Pakistan.

Focus on Agriculture and IT

Shehbaz Sharif stressed the need to boost agricultural output and prioritize IT opportunities for the youth. He also emphasized the importance of utilizing substantial funds currently held in treasuries.

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Commendation of UAE and Saudi Investments

He applauded significant investments pledged by the UAE and Saudi Arabia. He affirmed that individuals contributing to the nation’s progress would be regarded as heroes.

Administrative Updates

The Prime Minister mentioned the signing of a contract for the comprehensive digitization of the FBR. He expressed confidence in the bravery and resilience of the Pakistani nation.

Meeting Agenda

The agenda included a detailed briefing on the UAE’s $10 billion investment plan and discussions on the prevailing security situation.

Previous Session Highlights

In the preceding session, Shehbaz Sharif reiterated the council’s vital role as an ongoing platform. He emphasized the importance of collective efforts in addressing economic challenges and stressed its urgency.

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