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ISLAMABAD: Saudi Arabia and the Middle East would invest in projects worth $25 billion each in the next two to five years, announced Caretaker Prime Minister Anwaar-ul-Haq Kakar on Monday.
The premier, while talking to foreign journalists at his office, said that his government without “redesigning the government structure” is mostly focused on “rearranging the fiscal and monetary policies to build an edifice for economic revival”.
While labelling the Special Investment Facilitation Council (SIFC) a strategy for economic revival, he said the body would focus on agriculture, mines and minerals, defence production and information technology.
Responding to a question, PM Kakar said his interim government had an “excellent working environment” with the army and both were working together on economic revival.
On the China-Pakistan Economic Corridor (CPEC), Caretaker PM Kakar said regardless of any political association, the people of Balochistan welcomed the projects taken under the initiative. He reiterated the government’s resolve to go to any extent to protect the Chinese workers taking part in the CPEC projects.
Referring to the massive reserves worth $6 trillion of copper and gold in Balochistan, the prime minister said the Reko Diq project was about to start soon. He called for all the stakeholders to formulate a model to explore the mineral-rich area to make the world see Pakistan through a different prism.
1Rise in terror attacks
Talking about the terror attacks by the outlawed Tehreek-e-Taliban, PM Kakar drew attention to the leftover military equipment by the US and allied forces back in Afghanistan which he viewed were becoming a threat to peace thus necessitating a coordinated approach to deal with the challenge.
“Foreign forces left Afghanistan after losing interest but we are here to defend our home, children, mosques and places of worship,” he added.
He further said the Pak-Afghan ties were deeply rooted in cultural and faith-based linkages as well as social integration. Pakistan showed magnanimity to the Afghan refugees and that the government was coming up with a policy to address the challenge of illegal immigrants, he added.
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