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SIFC’s Economic Growth Initiatives: Council Seeks to Encourage Investment and Sustainable Development

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By taking strategic actions meant to encourage investment and sustainable growth, the government of Pakistan has energized the mining and minerals industry.

Reaching significant milestones in its first year of existence, the Special Investment Facilitation Council has proven its dedication to economic expansion.

Along with launching programs for the welfare of miners, SIFC has put in place a number of policies to support the industry.

Within the framework of its corporate social responsibility initiative, Reko Diq Mining Company and the Hunar Foundation have started vocational training in Chagai. Accompanying financial aid measures are facilities like hospitals, helplines, and schools for the families of the miners.

To assess worker performance and guarantee standard adherence, SIFC has put in place key performance indicators. on mining tenders, open bidding has settled more than a thousand outstanding applications, fostering openness grounded on meritocracy and just competition.

Through streamlining the auction process, enhancing accessibility, and lowering transaction costs, the government’s establishment of an e-auction facility enhances efficiency and transparency in resource allocation.

Under the government-to-government concept, a $1 billion mining fund established with Kuwait is expected to propel economic growth. In Pakistan’s Pink Rock Salt Resources, a joint venture between Pakistan Mineral Development Corporation and Miracle Salt Collective Incorporation will invest $200 million.

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Iranian President Offers Condolences for Kurram Terrorist Attack

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Masoud Pezeshkian, the president of Iran, has expressed his sorrow for the recent terrorist assault in Pakistan that claimed dozens of lives and denounced the crime.

The Iranian president said that all types of terrorism must be denounced in a statement. In addition to the relatives of the attack victims, he sent his sympathies to the people and government of Pakistan.

“I will stand by its friendly and brotherly country, Pakistan, and will seriously pursue the fight against terrorism to enhance security and stability in the region,” he added.

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It’s unfortunate that political points were scored. Claims Against Saudi Arabia Show a Desperate Attitude: Dar

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According to Senator Mohammad Ishaq Dar, the deputy prime minister and foreign minister, accusing Saudi Arabia of gaining political points is a sign of a desperate attitude.

In response to the PTI founder’s spouse’s remarks on Saudi Arabia, the Deputy Prime Minister stated, “Pakistan and Saudi Arabia are close friends and brothers.”

According to Dar, Saudi Arabia’s path of growth and prosperity is something they greatly admire. The nation of Pakistan takes pride in its strong ties with Saudi Arabia, which has supported it no matter what.

He said it is unfortunate and shows a desperate attitude to “implice Saudi Arabia for petty political point scoring.”

In order to prevent any political forces from jeopardizing Pakistan’s foreign policy, the deputy prime minister of their political objectives.”

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Examining Drug Mafia: Balochistani Smuggling Operation Started

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Two drug dealers were detained and an international narcotics deal was thwarted in Balochistan by government institutions.

A significant amount of crystal ice was taken from the individuals who were arrested.

The 70 kg of illegal goods that were found are valued about $1 million on the global market.

The arrested person’s cell phone also yielded contact information for the international drug gangs from Afghanistan and Britain.

The Pakistan Security Forces are dedicated to making the nation drug-free.

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