Task of SIFC is to increase foreign direct investment to $5bn, says Shehbaz

He said that SIFC will act as a top decision-making forum

ISLAMABAD (Dunya News) – Prime Minister Shehbaz Sharif has said that the immediate task of the Special Investment Facilitation Council (SIFC) is to increase foreign direct investment to $5 billion. 

In his message posted on the social networking site Twitter on Wednesday, the premier wrote that the coalition government has decided to “set up a Special Investment Facilitation Council (SIFC) with a mandate to frame economic policies that ensure policy predictability, continuity & effective implementation to revive the economy.”

I have fervently advocated a unified approach to steer the country out of the economic challenges on a path to sustainable growth. Employing a whole-of-the-the-government approach, the coalition government has decided to set up a Special Investment Facilitation Council (SIFC)…

— Shehbaz Sharif (@CMShehbaz) June 21, 2023

He said that SIFC will act as a top decision-making forum. “To begin with, the forum will focus on leveraging key sectors such as IT, agriculture, energy, minerals and mining, and defence production,” the prime minister added.

Stressing on importance of childhood education, the prime minister expressed happiness “to announce the holding of Pakistan Learning Conference 2023 that focuses on building foundations by adopting the global best practices to empower children.”

Early childhood education is a building block for shaping the personality & determining career pathways for the children. This is at this early stage in their educational journey that they imbibe the basic norms & values of social conduct. Happy to announce the holding of…

— Shehbaz Sharif (@CMShehbaz) June 21, 2023

He regretted that he could not attend the conference “due to my commitment to represent Pakistan at a global financial moot in Paris.”