ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Monday emphasized the government’s commitment to boost investment in the country and underlined efforts to create a business-friendly environment for traders and investors.
He made the remarks while chairing a meeting at PM House aimed at strengthening investment and operational capacity of federal ministries.
During the meeting, the Prime Minister authorized the relevant authorities to establish a steering committee for monitoring progress in these areas, whose meetings he will chair. The aim of this initiative is to streamline efforts and ensure the effective implementation of policies aimed at promoting economic growth.
The meeting highlighted that the Public Private Partnership Authority engaged the services of Kearney, a renowned consulting firm with global expertise, particularly in the Middle East. Kearney presented its ongoing consultation strategy with the Government of Pakistan, which has already worked with 15 federal institutions and identified 97 priority projects.
Kearney outlined his commitment to develop a comprehensive plan for sustainable development in collaboration with the Government of Pakistan. They also pledged to support the privatization of state-owned enterprises (SOEs), strengthen the regulatory framework for public sector enterprises and attract more investors to Pakistan.
The main participants in the meeting included the division of Federal Minister for Economic Affairs Ahad Khan Cheema, Finance Minister Muhammad Aurangzeb, Planning Minister Ahsan Iqbal, State Finance Minister Ali Pervaiz Malik, Deputy Chairman Planning Commission Jehanzeb Khan, Prime Minister’s Coordinator Rana Ihsan Afzal and other senior officials. This concerted effort reflects the government’s proactive stance towards economic revitalization and capacity building across federal ministries to pave the way for sustainable growth and development in Pakistan.
