ISLAMABAD: Pakistan’s top investment body reviewed the country’s economic engagements with Middle Eastern states on Wednesday, focusing on mechanisms to implement recently signed memoranda of understanding (MoUs) and agreements in the region at the earliest.
The Special Investment Facilitation Council (SIFC), a civil-military hybrid forum, was established in July last year to fast-track decision-making and promote investment from foreign nations, particularly from the Gulf countries.
The council has helped the country sign billions of dollars of deals with countries like the United Arab Emirates and Kuwait where Pakistan’s official delegation was led by Caretaker Prime Minister Anwaar-ul-Haq Kakar in November while looking for economic opportunities and foreign investment.
Kakar also chaired the 8th meeting of SIFC’s Apex Committee to examine progress on projects carried out in key economic sectors and determine plans for timely realization of the envisaged investments.
“The Committee appreciated the enhancing level of economic engagements with friendly countries including finalization of Bilateral Investment Treaty with Kingdom of Saudi Arabia and Qatar as well as signing of MoUs and Framework Agreements with United Arab Emirates and State of Kuwait respectively,” said an official statement released by the Prime Minister’s Office after the meeting.
“The forum gave directions to convert these sovereign commitments into economic reality at fast pace,” it added.
The SIFC reviewed progress on various measures taken by the government to improve the investment climate while approving policy level interventions, such as strengthening of domestic dispute resolution mechanism, to facilitate investors.
It also examined progress on privatization process and appreciated the collaborative approach of various stakeholders.
The participants of the meeting expressed firm resolve to act against smugglers, hoarders and market manipulators, saying such elements had negatively impacted the country’s economic trajectory.
Chief of Army Staff General Asim Munir, who is part of the committee, assured the unwavering support of the armed forces to help the government in its endeavor to strengthen the national economy.
The prime minister directed all stakeholders to vigorously pursue various SIFC initiatives to ensure their accomplishment within the stipulated timeframe.
Pakistan’s investment body reviews economic progress, seeks swift implementation of Middle East deals
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Pakistan’s investment body reviews economic progress, seeks swift implementation of Middle East deals
- Special Investment Facilitation Council helped Pakistan sign billions of dollars of deals with Kuwait, UAE last year
- The SIFC reviewed progress on various measures taken by government to improve Pakistan’s investment climate
Pakistan to release film next month to counter ‘negative propaganda’ by Indian flick Dhurandhar
- Dhurandhar, an Indian spy thriller released earlier this month, is set in Karachi’s impoverished Lyari neighborhood
- “Mera Layari” will showcase the true face of Lyari, one of peace and prosperity, says Sindh information minister
ISLAMABAD: Pakistan will release a movie next month titled “Mera Layari” to counter the “negative propaganda” of a Karachi neighborhood by India’s latest flick “Dhurandhar,” Sindh Information Minister Sharjeel Inam Memon said on Sunday.
Dhurandhar features leading Bollywood actor Ranveer Singh as the male lead who portrays Hamza, an Indian spy on a perilous mission in Pakistan’s Karachi city. The film traces his battles against criminal networks and shadowy operatives in the context of the India-Pakistan tensions.
Most of the movie features portrayals of Karachi’s rough Lyari neighborhood, recognized as one of its most impoverished ones. Lyari has witnessed gang wars where criminal networks operated with impunity for several years.
“Indian movie Dhurandhar is yet another example of negative propaganda by the Indian film industry against Pakistan, especially targeting Lyari,” Memon wrote on social media platform X.
“Lyari is not violence— it is culture, peace, talent, and resilience. Next month Mera Lyari will release, showing the true face of Lyari: peace, prosperity, and pride.”
Mera Layari will feature actors Dananeer Mubeen, Samiya Mumtaz, Ayesha Omar and Adnan Shah Tipu in prominent roles, as per the flick’s poster.
Omar is also the film’s executive producer while it has been directed by filmmaker Abu Aleeha.
Earlier this week, a constitutional petition against Dhurandhar was also filed in a Karachi district and sessions court.
The petitioner, a supporter of the Pakistan Peoples Party (PPP) which is in power in Sindh, filed the petition for unauthorized use of late Benazir Bhutto, former PPP chairperson and Pakistani ex-prime minister., PPP flag and party rally footage.
