ISLAMABAD According to Muhammad Tariq Rafi, Chairman of Siddique Sons Limited and Pakistan’s most prominent businessman and taxpayer, the nation lost an estimated $300 billion as a result of crucial decision-making delays, which resulted in the $120 billion external debt crisis that Pakistan is currently facing.
In an exclusive interview following his third consecutive nomination for the Top Taxpayer Award, Rafi stated that Pakistan’s foreign exchange reserves could have reached $300 billion if significant projects like the building of a large dam, Reko Diq, and Thar coal had been started in the 1990s and finished by 2000.
“The Reko Diq reserves were discovered in the 1990s.