Islamabad and Riyadh have agreed to increase Pakistan’s agricultural and food exports to Saudi Arabia to three billion dollars over the next two years. The understanding was reached during successful talks between Pakistan and Saudi Arabia. The Pakistani delegation was led by Minister for National Food Security and Research Rana Tanveer…
Pakistan’s effective economic strategy and prudent fiscal policies are helping strengthen financial discipline and economic stability, with early debt repayments nearing 6000 billion rupees. In a statement, Adviser to the Finance Minister Khurram Schehzad said Pakistan has so far repaid around 5920 billion rupees ahead of schedule. He said the amount…
The Special Investment Facilitation Council (SIFC) is facilitating the ML-1 railway upgradation project to modernize Pakistan’s rail infrastructure, improve connectivity, and support industrial development. ML-1 is a key initiative to connect industrial centers with ports and modernize the country’s logistics network. The project is expected to increase rail freight capacity, improve…
Federal Minister for Information Technology and Telecommunications Shaza Fatima Khawaja says effective steps are being taken to strengthen the digital economy in the country by promoting cashless payments. Addressing a ceremony in Karachi today, she said building a more digitally connected and efficient Pakistan is the vision of the government.
Federal Minister for Petroleum Ali Pervaiz Malik says the government is working to develop a competitive, investment-friendly petroleum sector aligned with the country’s long-term energy requirements. In his separate meetings with the leadership of Overseas Investors Chamber of Commerce and Industry and Pakistan State Oil in Karachi, he called…
Deputy Prime Minister and Foreign Minister Ishaq Dar has said that Pakistan’s economic stability and international standing have improved significantly. He was addressing the Pakistani community in London today. The Deputy Prime Minister said the government is now moving from stability towards sustainable growth. He said Pakistan had moved from the…