In a significant development aimed at boosting economic growth in Islamabad, the Specialized Investment Facilitation Council (SIFC), under the auspices of the Apex Committee, has directed government institutions to expedite the process of disinvestment from loss-making public entities. Concurrently, Chief of Army Staff General Qamar Javed Bajwa has reaffirmed the commitment of the Pakistani military to collaborate fully with the government in achieving sustainable economic recovery.
The directives were issued during the seventh meeting of the Apex Committee held on Thursday, chaired by Prime Minister’s Adviser on Institutional Reforms and Austerity, Dr. Anwar ul Haq Kakar. The meeting saw the active participation of Chief of Army Staff General Qamar Javed Bajwa, members of the federal cabinet, provincial chief ministers, and relevant high-ranking government officials.
The Apex Committee meeting primarily focused on the mandate of the Specialized Investment Facilitation Council to accelerate the disinvestment process from unprofitable state-run institutions. This move aligns with the broader goal of optimizing public resources and fostering economic growth in the capital city.
Furthermore, Army Chief General Qamar Javed Bajwa expressed the Pakistani military’s unwavering dedication to supporting the government’s efforts for sustainable economic development. The collaboration between the civilian government and the military aims to address economic challenges and implement effective strategies for long-term prosperity.
Prime Minister’s Adviser Dr. Anwar ul Haq Kakar emphasized the need for cohesive efforts and robust cooperation under the Specialized Investment Facilitation Council. He instructed all relevant departments and authorities to collaborate intensively and effectively implement measures outlined by the council. The objective is not only to yield immediate results but also to pave the way for comprehensive, long-term initiatives that benefit the entire nation.
Thursday’s meeting underscored the commitment of the Pakistani government and military to working hand in hand for the economic well-being of the country. The directives from the Apex Committee reflect a strategic and coordinated approach to address economic challenges and implement reforms that will contribute to the sustained growth and development of Islamabad and, by extension, the entire nation.