PM directs to constitute steering committee for increase in investment

Prime Minister Muhammad Shehbaz Sharif says the government is taking all possible steps to provide business friendly environment to the traders and investors. Presiding over a meeting in Islamabad today, he directed the relevant authorities to formulate a steering committee with respect to the progress on increasing investment and capacity of the federal ministries. The Prime Minister expressed the government's resolve to increase investment in the country, During the meeting, it was informed that the Public Private Partnership Authority has hired a consultancy firm Kearney to get the services of experts with regard to increasing investment and enhancing the capacity of the federal ministries. In the meeting, Kearney informed the prime minister about the strategy of its ongoing consultative process with the government of Pakistan. The firm has so far consulted with 15 institutions of the federal government while 97 priority projects have been identified in this consultation process. Kearney would also p rovide assistance with respect to privatization of State Owned Enterprises ,improving the regulatory framework of public sector enterprises and attracting more investors. Source: Radio Pakistan