Promoting FDI top priority of govt: PM
Foreign investors aggressively pulled out over $400 million from government debt securities while flow of FDI turned negative to net $30 million in Pakistan during the month. photo: file
Prime Minister Shehbaz Sharif on Tuesday said promoting foreign direct investment (FDI) in the country to transform challenges into opportunities was top priority of the government.
He was chairing a high-level meeting to review progress on foreign investment. The huddle reviewed in detail the progress on the MoUs and agreements with the Gulf countries under Special Investment Facilitation Council (SIFC).
Talking to participants of the meeting, the prime minister said all possible facilities will be given to the investors adding that special cells in the federal ministries would be established to promote innovation and research in the investment sector.
The premier said the establishment of SIFC had helped restoring confidence of the investors.