5G spectrum rollout to boost agriculture, industry: PM
Prime Minister Shehbaz Sharif has expressed confidence that the introduction of 5G spectrum technology will be a milestone for the country’s agriculture and industry. He was addressing a ceremony in connection with the award of 5G spectrum licenses in Islamabad today. The Prime Minister expressed satisfaction over the transparent auction process…
Aurangzeb vows to safeguard national energy security
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 posts $427m current account surplus in February 2026
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…
CCP Authorizes Acquisition of Jura Energy Shares by IDL Investments
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…
PM directs increase in number of freight trains
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 forex reserves hit four-year high
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…
