A meeting of the Committee to Monitor Petrol Prices was held in Islamabad today with Finance Minister Muhammad Aurangzeb in the chair. The Committee was briefed that, despite heightened volatility in international energy markets and evolving regional dynamics, domestic supply remains stable with adequate stocks available across the country. It was…
Pakistan has posted the current account surplus of 427 million dollars in February this year, the highest since March of last year. Sharing recent key positive economic indicators, Adviser to the Finance Minister Khurram Schehzad in a post on X handle, highlighted that remittances grew by eleven percent in the first…
The Competition Commission of Pakistan (CCP) has authorized the acquisition of shares of Jura Energy Corporation by IDL Investments Limited from Phoenix Exploration Limited, following a review under the Competition Act, 2010. The transaction involves the purchase of common shares of Jura Energy by IDL Investments pursuant to a Share Purchase…
Prime Minister Muhammad Shehbaz Sharif directed the Pakistan Railways to increase the number of freight trains. According to official sources here on Monday, measures to shift cargo transport from roads to rail are being accelerated. The Pakistan Railways has started contacting chambers of commerce and commercial organizations. Traders and industrialists are…
Pakistan’s foreign exchange reserves have reached four-year high due to the reforms of Special Investment Facilitation Council and policy continuity. According to the Finance Minister’s Advisor Khurram Schehzad, Pakistan’s total foreign exchange reserves have reached 21.6 billion dollars, the highest level in the past four years. Of these reserves, 16.3 billion…
Pakistan’s Embassy in Tokyo organized a tourism promotion event in collaboration with Saiyu Travels to highlight Pakistan’s vast tourism potential and diverse travel experiences. Speaking on the occasion, Pakistan’s Ambassador to Japan, Abdul Hameed, said Pakistan offers a unique blend of breathtaking natural beauty, majestic mountain landscapes, rich cultural heritage and…