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COAS Assures Support to Govt’s Economic Stability Measures

5 min read
Legal Expert
COAS Assures Support to Govt’s Economic Stability Measures
The Special Investment Facilitation Council (SIFC) convened 11th Apex Committee Meeting Thursday to review various initiatives being steered through SIFC forum.   The meeting was chaired by Prime Minister Shehbaz Sharif and was attended by Chief of Army Staff (COAS) General Syed Asim Munir, Federal Cabinet, Provincial Chief Ministers, the Prime Minister of Azad Jammu and Kashmir, Chief Minister of Gilgit Baltistan and high-level government officials.  The Army Chief assured firm resolve of Pakistan Army’s support to government’s initiatives for economic stability ensuring peace and security, said a press release issued by Prime Minister’s Office. Earlier, Secretary Apex Committee briefed the forum about strategic focus, initiatives and contributions of SIFC to support National Economic Transformation Plan 2024-2029 ‘Uraan Pakistan’. The Committee showed profound satisfaction in improving the macro-economic conditions of the country while emphasizing upon the importance of collective efforts for ensuring unhindered economic growth and passing on the dividends to the masses.  During the session, the committee approved the Action Plan for Optimization of SEZs to rejuvenate industrial landscape of Pakistan.   The committee also reviewed the proposal of National Minerals Harmonization Framework with due consent of all stake holders. Forum was briefed on various initiatives in the domain of HRD, enabling improvement of skills and global standard accreditation. CMs also shared the ongoing initiatives in each province which will spur the economic growth.  At the end, the Prime Minister appreciated the role of SIFC, ministries, departments and affiliated stakeholders in setting the tone for future activities during 2025. He also emphasized upon the importance of collective efforts at all tiers in the larger interest of the country. 
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Written by the expert legal team at Javid Law Associates. Our team specializes in corporate law, tax compliance, and business registration services across Pakistan.

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