ISLAMABAD: An extraordinarily important meeting of the Special Investment Facilitation Council (SIFC) will be held today (Wednesday) under the chairmanship of Caretaker Prime Minister Anwar-ul-Haq Kakar.
Federal Ministers of Energy and Petroleum, Information Technology, National Food Security, Board of Investment, National Aerospace, Science and Technology and ISI Chief Lt-General Nadeem Anjum are likely to participate. The chief ministers and chief secretaries of Punjab, Sindh, Khyber Pakhtunkhwa and Balochistan will also participate in the meeting. Saudi Arabia and Gulf countries are expected to invest $6bn in corporate farming by 2028.
The Special Investment Facilitation Council has been named Rising Pakistan with its office in the Prime Minister›s Office headed by a senior military officer. According to sources of Rising Pakistan, the MOU in the field of information technology was signed on Sunday by Pakistan›s Caretaker Minister for Information Technology Umar Saif and Saudi Arabia›s Abdullah Al-Sawaha, Minister of Communications and Information Technology.
According to the MoU, both countries decided to increase cooperation in the digital economy at the government and private levels. According to Federal Minister of Information Technology Umar Saif, Saudi Arabia would also issue licenses to Pakistani IT companies to operate in Saudi Arabia.
Nisar Ahmed Khan, an officer of Police Service in Grade 20, has been transferred from FIA to KP government
Formal office order has been issued with approval of federal secretary Science and Technology
Punjab Charities Commission has organized an open discussion between NGOs and students of various universities
Significant change is reduction of KE’s US dollar-based ROE from 15% to 14% in line with other IPPs
This growth is anticipated to have a positive impact on the unemployment rate, albeit a slight one