Minister for Finance Muhammad Aurangzeb says government is making all out efforts to ensure availability of petroleum products across the country. Talking to media in Lahore on Sunday, he said petrol, diesel, and LPG are easily available in all cities and towns and strict monitoring is being ensured for energy system.…
Prime Minister Muhammad Shehbaz Sharif has approved a significant increase in the levy on high-octane fuel used by luxury vehicles. The decision was taken during a high-level meeting chaired by the Prime Minister via video link, where he reviewed matters related to fuel pricing and economic relief. Under the new policy,…
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…
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…