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Tuesday February 27, 2024

Mines Dept generated record revenue in 2023: minister

By Our Correspondent
February 13, 2024

LAHORE: Minister Ibrahim Hasan Murad in a statement said that the Department of Mines and Minerals generated record revenue and formulated a policy for the next three years to increase the national treasury.

Provincial Minister for Mines and Minerals Ibrahim Hasan Murad gestures during a meeting with the Akhuwat Foundation on January 30, 2024, in this still. — X/@ibrahimhmurad
Provincial Minister for Mines and Minerals Ibrahim Hasan Murad gestures during a meeting with the Akhuwat Foundation on January 30, 2024, in this still. — X/@ibrahimhmurad

He said that instead of its target of Rs12 billion in the year 2023, the department achieved Rs14.87 billion while a revenue plan of Rs150 billion was created for the next three years. The provincial minister said that the Feasibility Study measures of Koh-e-Sulaiman Range, DG Khan have been completed and in the future, billions of rupees revenue can be generated. Along with this, 27 new areas of salt range have been identified while several new areas of limestone have also been identified. He said that for the first time, the establishment of District Mines and Minerals Committees was ensured across the province, while the adoption of zero tolerance policy against corruption has yielded positive results.