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…
Pakistan’s Embassy organizes tourism promotion event in Tokyo
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…
Aurangzeb reviews petroleum product stock positions
The Committee to Monitor Petroleum Prices says petroleum product stocks remain at comfortable levels and supply chains are functioning smoothly, with adequate arrangements in place to ensure continuity of supply in the coming weeks. The Committee which virtually met today with Finance Minister Muhammad Aurangzeb in the chair undertook a comprehensive…
Pakistan, KfW sign agreement to promote renewable energy
Pakistan and the German Government Bank for Development (KfW) have signed an 18 million euros grant agreement to promote hydropower and renewable energy in the northern areas of the country. The agreement was signed by Secretary Economic Affairs Division Muhammad Humair Karim and KfW Country Director Sebastian Jacobi. Under the agreement,…
New feeder shipping service launched from Karachi to UAE
Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has announced the launch of a new feeder shipping service from Karachi Port to the United Arab Emirates, marking a key step toward transshipment capabilities. In a statement, he said the new service will enable Pakistani importers and exporters to maintain reliable…
PM decides not to increase prices of petroleum products
Prime Minister Shehbaz Sharif has decided not to increase the prices of petroleum products this time despite a rise in oil prices in the international market. According to a statement issued on Friday, the decision has been taken in line with the commitment made to the public and to reduce the…
