ISLAMABAD: During a high-level meeting, the Government of Pakistan unveiled an elaborated “Economic Revival Plan” in the wake of economic hardships being confronted by the country, said a press release.
The event was chaired by the prime minister of Pakistan and attended by the chief of army staff, chief ministers, federal and provincial ministers and high-level government officials.
The plan envisages capitalising Pakistan’s untapped potential in critical sectors of defence, production, agricultural/livestock, minerals/mining, IT and energy through indigenous development and investments from friendly countries.
To fast-track the development of projects, the establishment of the Special Investment Facilitation Council (SIFC) has been undertaken to act as a ‘Single Window’ interface for potential investors and adopt a unified approach.
The setup will shorten hitherto for cumbersome and lengthy business processes through a cooperative and collaborative ‘whole of the government approach’ with the representation of all stakeholders.
It aims to create horizontal-vertical synergy between federation and provinces; facilitate timely decision-making; avoid duplication of effort; and ensure swift project implementation. Despite all odds, the high-ranking participation from federal and provincial governments clearly manifests the national resolve to turn around the economy.
The COAS, speaking at the occasion, assured Pakistan Army’s all-out support to complement Government’s efforts for Economic Revival Plan, considered fundamental to the socio-economic prosperity of Pakistanis and reclaiming Pakistan’s rightful stature among the comity of nations.
