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Wednesday February 08, 2023

Ishaq Dar asks authorities to revive Reko Diq as soon as possible

By PPI
November 27, 2022
Reko Diq, which means sandy peak in the Balochi language, is a small town in the Chagai district in Balochis­tan. Twitter
Reko Diq, which means sandy peak in the Balochi language, is a small town in the Chagai district in Balochis­tan. Twitter 

ISLAMABAD: The Apex Committee on Reko Diq project Saturday reviewed the progress on implementation of agreed steps for completion of the Reko Diq arrangement.

Federal Minister for Finance and Revenue Senator Ishaq Dar chaired a meeting of the committee in which he highlighted the importance of early completion of the remaining steps under the agreed arrangement and stressed upon all concerned to ensure that the deadline of December 15, 2022 is successfully met and the project revived soonest after the settlement, says an official statement issued here.

The meeting was informed that after the advice of the Supreme Court on reference already filed is received, necessary legislative steps would be taken for which the provinces concerned are fully on board.

The provincial governments have also assured to complete all the codal formalities within the due date.

The meeting was of the view that successful completion of the agreed arrangement by the deadline would add to the confidence of the international investors. The revival of Reko Diq project would give a fillip to the economy by boosting investment sentiments and will increase employment opportunities in the country.

Federal Law Minister Sardar Ayaz Sadiq, Minister of State for Petroleum Musadik Malik, Special Assistant to Prime Minister on Revenue Tariq Mehmood Pasha, MI director general, MI director, Additional Attorney General Ahmed Irfan Aslam as well as senior officials from attorney general’s office, Petroleum Division and Finance Division attended the meeting in person. Balochistan chief secretary and other officials joined the meeting through Zoom.—PPI

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