Prime Minister Shehbaz Sharif has stated that promoting investment in the country is the government’s foremost priority. Chairing a meeting in Islamabad on Monday, the Prime Minister emphasized that the government is taking all necessary steps to create a business-friendly environment for traders and investors.
The Prime Minister directed officials to implement effective measures that yield immediate results in promoting investment and improving the efficiency of government departments. He called for the formation of a steering committee to oversee progress on investment promotion and enhance the efficiency of federal ministries.
During the meeting, it was revealed that the Public Private Partnership Authority has engaged the consulting firm Kearney to hire experts aimed at boosting the efficiency of federal ministries and promoting investment. Kearney, a renowned firm with a strong presence, particularly in the Middle East, has completed consultations with fifteen departments, identifying ninety-seven priority projects.
Kearney briefed the Prime Minister on their strategy for the ongoing consultative process with the Pakistani government. The firm has consulted with 15 federal institutions and identified 97 priority projects through this consultation process. Kearney will develop an action plan for sustainable development in collaboration with the Pakistani government and will assist in the privatization of State-Owned Enterprises (SOEs), improving the regulatory framework of public sector enterprises, and attracting more investors.
The meeting was attended by Federal Minister for Economic Affairs Division Ahad Khan Cheema, Finance Minister Muhammad Aurangzeb, Planning Minister Ahsan Iqbal, Minister of State for Finance Ali Pervaiz Malik, Deputy Chairman Planning Commission Jehanzeb Khan, PM’s Coordinator Rana Ihsan Afzal, and other relevant high officials.
