Bankrupt Pakistan has trillions in hidden wealth? Shahbaz’s hints Islamabad may no longer need IMF, has potential to become global…
Shehbaz Sharif believes that if Pakistan can properly harness its mineral resources, it could free itself from the cycle of debt and dependency on institutions like the IMF.
Pakistan’s High Minister Shehbaz Sharif has acknowledged that the country holds an enormous reserve of mineral wealth, which may be the well-known to lifting its economic system out of poverty. Speaking at the Pakistan Minerals Investment Dialogue board 2025 (PMIF25) on Tuesday, Sharif highlighted the untapped potential of the country’s natural resources. The summit, held in Islamabad to entice funding in Pakistan’s mining sector, has drawn virtually 300 global delegates, alongside with representatives from rival countries love the US and China.
Based on Fracture of day newspaper, Sharif believes that if Pakistan can properly harness its mineral resources, it's going to free itself from the cycle of debt and dependency on institutions love the IMF. He acknowledged Pakistan has what it takes to became a well-known participant within the worldwide mining industry. The country is residence to treasured resources love rare earth aspects, industrial minerals, and gem stones—seriously in areas love the Reko Diq space. Moreover, Nationwide Resources Limited (NRL) has stumbled on crucial copper and gold deposits within the Chagai district of Balochistan.
Pakistan to present fat toughen to mining merchants, says PM Shehbaz Sharif
High Minister Shehbaz Sharif has assured that merchants in Pakistan’s mineral sector will rating all foremost toughen and companies. Speaking at the Pakistan Minerals Investment Dialogue board, he acknowledged that the country’s natural resources are no longer any secret, and their estimated fee runs into trillions of greenbacks. If utilized properly, he acknowledged, these resources may abet Pakistan reduce free from its dependence on institutions love the IMF and smash out the burden of heavy debt.
Sharif stressed out that for this to happen, federal and provincial governments, institutions, and the militia must work collectively. “If all of us attain collectively and act with dedication, the scenario can toughen in a extraordinarily short time,” he added.
He also outlined plans to limit the export of raw gives. As a change, insurance policies shall be launched to encourage merchants to direction of these resources inside of Pakistan—by developing downstream industries that convert raw minerals into completed products for export. “We welcome international merchants, however partnerships should be mutually valuable,” Sharif acknowledged.
Deputy High Minister Ishaq Dar also addressed the forum, bringing up that Pakistan is strategically positioned to emerge as a worldwide mining powerhouse. He acknowledged the country targets to reshape global offer chains and entice international funding through investor-pleasant initiatives. Dar assured that every stakeholders’ interests may be regarded as while creating the mining sector.
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