Fifth two-day SIFC meeting begins

The fifth meeting of the Executive Committee of the Special Investment Facilitation Council (SIFC) began on Tuesday and would continue for two more days.

According to an official statement, the meeting was aimed at reviewing the measures being undertaken for improving the investment ecosystem, overcoming macroeconomic challenges and stimulating economic growth.

The meeting was chaired by Caretaker Minister for Planning, Development and Special Initiatives Muhammad Sami Saeed and attended by SIFC National Coordinator and SAPM on Governance Effectiveness Dr Jehanzeb Khan.

Concerned federal and provincial ministers and high-level government officials were also in attendance. The relevant ministries presented progress on various aspects, including policy-level interventions to be undertaken in the short-, medium- and long-term to yield the desired dividends.

After healthy debate, the committee formulated workable options, by drawing consensus among stakeholders, to resolve key impediments to the investment environment in the country.

The plans were also finalised to resolve issues related to four key sectors (agriculture, IT, minerals and energy) besides, adding new projects to the forum.