Home » Army Chief Gen. Asim extends full support to Govt’s economic revival plan: SIFC to mop up $5Bn FDI

Army Chief Gen. Asim extends full support to Govt’s economic revival plan: SIFC to mop up $5Bn FDI

by Hamza Irshad
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Army Chief

ISLAMABAD: Army Chief General Syed Asim Munir extended the Army’s commitment to the successful enforcement of the federal government’s economic revival plan.

The Chief of Army Staff Gen. Asim said this plan was crucial for reviving Pakistan’s strong position in the global arena.

Gen. Asim Munir stated that at a meeting in Islamabad on Tuesday. The Special Investment Facilitation Council led by PM Shehbaz Sharif held its inaugural meeting. The COAS, chief ministers, federal and provincial ministers, and senior government officials participated in the meeting.

The participants got briefings on the challenges in the way of economic development and discussed strategies to overcome them.

During the meeting, Gen. Asim Munir delivered a statement wherein he expressed unwavering support of the Pakistan Army for the government’s economic recovery plan.

Army Chief hoped crucial role of this plan in securing Pakistan’s socio-economic prosperity and its esteemed position on the global stage.

Economic revival plan

Earlier, the federal government presented its Economic Revival Plan in the meeting. The plan envisages capitalizing Pakistan’s untapped potential in key sectors of defense production, agriculture, livestock, minerals, mining, information technology, and energy, through indigenous development as well as investments from friendly countries.

The government also established the Special Investment Facilitation Council to ensure a fast-track development of projects. The SIFC will act as a ‘single window’ interface for potential investors to adopt a unified approach.

The council will have an executive committee that will play a vital role in facilitating investment initiatives and coordinating efforts between various government entities.

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