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Post: SIFC’s Efforts Revitalize Mining Sector in Pakistan

Islamabad: Special Investment Facilitation Council’s effective efforts have revitalized Pakistan’s mining sector and promoted investment. After nearly two years of suspension in Azad Jammu and Kashmir, mining licenses have been reissued. The process for mining licenses, suspended since March 2024, has now been reactivated through SIFC’s strategically coordinated efforts.

According to Radio Pakistan, this move is expected to lead to significant growth in investment, research and development activities within the mining sector. There will be economic growth and employment generation as a result of utilizing the mineral resources of Azad Jammu and Kashmir.

Finance Minister Pledges Continued Support for Reko Diq Project

Bangkok:Finance Minister Muhammad Aurangzeb met with IFC Regional Vice President for the Middle East and Central Asia, Imad Fakhoury, during the World Bank Group-IMF Annual Meetings in Thailand. The discussions centered on enhancing IFC support for pr…