Month: March 2025

Islamabad: Preparations have been completed to introduce the National Minerals Harmonization Framework at the Pakistan Minerals Investment Forum 2025 with the support of the Special Investment Facilitation Council. The federal government, in collaboration with provinces, Azad Jammu and Kashmir, and Gilgit-Baltistan, has devised this framework to create a uniform regulatory structure.

According to Radio Pakistan, compatible laws and favorable policies will be introduced to promote investment in the mineral sector of the country. The policy has been developed by incorporating suggestions from Chief Secretaries, Chief Ministers, and mining companies. The Framework aims to develop environmental protection, safe mining, and the promotion of international partnerships as the country’s mineral resources are worth over six trillion dollars, offering unparalleled opportunities for investors.

Tax incentives, fast-track licensing, and dispute resolution mechanisms are likely to be introduced to encourage investment. The government is committed to projecting Pakistan as a global mineral investment hub with the support of the Special Investment Facilitation Council.

Islamabad: Prime Minister Shehbaz Sharif held a telephone conversation with Turkiye’s President Recep Tayyip Erdogan to convey his warm greetings and best wishes to him, as well as to the brotherly people of Turkiye, on the auspicious occasion of Eid-ul Fitr.

According to Radio Pakistan, the Prime Minister expressed satisfaction at the positive momentum in bilateral relations between the two countries while recalling President Erdogan’s historic visit to Pakistan last month. He emphasized the need for the timely implementation of important decisions taken during the 7th High Level Strategic Cooperative Council meeting in Islamabad.

Shehbaz Sharif underscored the deep-rooted historic ties between the two countries, highlighting the pride in their consistent support for each other, particularly on issues of core interest.

The leaders also exchanged views on the regional situation, with President Erdogan thanking the Prime Minister for his Eid ul Fitr wishes and reciprocating sentiments for the people of Pakistan. He reaffirmed Turkiye’s steadfast support for Pakistan on all important issues.

Islamabad: Chief Minister Maryam Nawaz Sharif has ordered strict security measures for Chand Raat and Eid-ul-Fitr to ensure public safety. She directed the women police squads to increase patrolling in major city markets to protect women and children.

According to Radio Pakistan, the chief minister emphasized the importance of maintaining a secure environment during the festive period. The initiative aims to prevent any untoward incidents and provide a safe atmosphere for families celebrating the occasion. The deployment of women police squads is particularly focused on enhancing protection in crowded areas, where women and children are most vulnerable.

Islamabad: The Special Investment Facilitation Council’s support has resulted in a positive economic impact due to the implementation of deregulation policy in the pharmaceutical industry. After the implementation of the deregulation policy, the profit of the pharmaceutical sector surged by 13.5 billion rupees and witnessed a 210 percent increase.

According to Radio Pakistan, the profit of three important companies in the pharma sector has also increased by 44 percent to 339 percent. The pharmaceutical industry has become more attractive to investors, and annual exports are likely to reach five billion dollars as global investment prospects are brightened with the deregulation policy.

The deregulation policy is making possible to increase transparency in drug prices, increase competition, and access to quality drugs. Under the policy, companies are encouraged to increase innovative research on new drugs, and further improvement in the production of quality drugs is expected. Additionally, prevention of substandard and expensive drugs are also being ensured.

The country’s pharma industry is moving on the path of development with the support of SIFC, which is a guarantee of economic stability.

Islamabad: Prime Minister Shehbaz Sharif has expressed deep grief and sorrow over the demise of Assistant Attorney General Pakistan Shehbaz Ahmed Khan Yousafzai.

According to Radio Pakistan, in a statement, he prayed for the higher ranks of the departed soul and offered his condolences to the bereaved family.

The Prime Minister said that the deceased’s services for Pakistan will always be remembered.

Islamabad: Prime Minister Shehbaz Sharif has directed the National Disaster Management Authority to adopt the most efficient, expeditious, economical option to deliver humanitarian relief to the suffering people in Myanmar at the earliest. He further instructed Minister for Parliamentary Affairs Dr. Tariq Fazal Chaudhry to see off the relief assistance flight.

According to Radio Pakistan, the directive underscores the urgency and importance the Prime Minister places on providing timely assistance to those in need. The relief effort aims to address the immediate needs of affected communities in Myanmar and alleviate their suffering.