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SIFC effective forum for economic stability: Umar

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Caretaker Federal Minister for Information Technology and Telecommunication, Dr Saif Umar Saturday said that the Special Investment Facilitation Council (SIFC) serves as an effective forum for ensuring economic stability and making timely decisions in the public interest.

In a video statement, Dr Saif Umar said, “SIFC is instrumental in paving the way for digital transformation and attracting foreign direct investment in Pakistan.”

He said, “Crucial decisions, beneficial to the masses, are being made through the SIFC forum in Information and Communication Technology (ICT).”

The minister expressed confidence that these initiatives would contribute to the rapid development and stability of the country’s economy.

Dr Umar Saif further explained, “All stakeholders including the military and political leadership are present in the SIFC forum, which makes decision-making very easy.”

“We are confident that with the presence of the Special Investment Facilitation Council, the upcoming government will also be able to make timely decisions for the country’s development and public interests because we mustn’t compromise on our economic stability and public interests, we need to avoid departmental obstacles, Instead of unnecessary delay tactics, quick and effective decisions have to be taken in the interest of the country and the nation, for this purpose SIFC is the most effective forum” he added.—APP

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