Business

Italy has allocated a labor quota of 10,500 jobs for Pakistani workers over the next three years. According to the Ministry of Overseas Pakistanis and Human Resource Development, 3,500 Pakistani workers will be employed in Italy each year under this arrangement. The quota includes 1,500 seasonal and 2,000 non-seasonal jobs…

Under the efforts of Special Investment Facilitation Council, Pakistan and Brazil have agreed to further expand partnership in livestock, dairy and meat industries. The two sides consider establishment of a joint working group for improvement of meat processing, feedlot fattening and traceability system. They have agreed to introduce Brazilian advanced…

Pakistan Virtual Assets Regulatory Authority Chairman Bilal bin Saqib has said that Government vision and comprehensive reforms are giving Pakistan’s Bitcoin and digital economy a new direction for development In an interview at the Abu Dhabi Bitcoin Conference 2025, the Chairman PVARA said that Pakistan has become the center of…

Economic Coordination Committee has approved recommendations of Spectrum Advisory Committee regarding the Spectrum Auction.  The announcement was made by Finance Minister Muhammad Aurangzeb and Minister for Information Technology Shaza Fatima in a televised message today. The Finance Minister said the spectrum auction recommendations will now be submitted before the cabinet…

Deputy Prime Minister Ishaq Dar has directed authorities concerned to implement government policies in letter and spirit for the continuation of GSP Plus status.     He was presiding over a meeting in Islamabad today to review strategy for continuation of the status. The Deputy Prime Minister sought implementation status from…

Arif Habib Consortium has won the auction of the Pakistan International Airlines by offering the highest bid of 135 billion rupees. The Lucky Cement Consortium offered 134 billion rupees in the open auction round. In the first round, three bidders, namely the Lucky Cement Consortium, Airblue, and Arif Habib consortium,…

The Cabinet Committee on Essential and Cash crops has said ample stocks of wheat are available to meet country’s requirements for the Food Year 2025-26.   The Committee made this observation at its meeting held in Islamabad today with Deputy Prime Minister Ishaq Dar in the chair. The meeting deliberated on…

Executive Committee of the National Economic Council (ECNEC) has approved eleven projects pertaining to various sectors, ranging from Transport and Communications to the Environment. Its meeting chaired by Deputy Prime Minister Ishaq Dar in Islamabad also approved revised PC-1 of Dasu Hydropower Project.    The ECNEC also approved a policy paper…

Prime Minister Shehbaz Sharif has said the government is working to provide all possible facilities to the businessmen and exporters in order to boost exports. Chairing a meeting in Lahore today, he said increasing exports is inevitable for the country’s economic development. Shehbaz Sharif highlighted the significance of promoting small…

easypaisa digital bank processed over 3.8 billion transactions in 2025 worth more than PKR 15 trillion, as it marked the first anniversary of its digital banking operations at its annual stakeholder dinner. The bank also announced a major step towards expanding Pakistan’s global remittance and payments connectivity. Addressing the gathering,…

Prime Minister Shehbaz Sharif has underscored the need for expanding bilateral trade and investment between Pakistan and Australia. Talking to the newly appointed High Commissioner of Australia Tim Kane in Islamabad today, he highlighted the agriculture and livestock sector as a promising area for enhanced cooperation. The Prime Minister also…

Finance Minister Muhammad Aurangzeb has said the government is committed to facilitate private sector-led growth, particularly in technology-driven and investment-intensive sectors. He was talking to a delegation comprising telecommunication infrastructure companies and Venture Capital Firms in Islamabad today.  He said while fiscal considerations remain important, the objective is to strike…

Ministry of National Food Security & Research has decided to deepen scientific collaboration with Italy in olive research and cultivation.                                                      The decision was taken…

World Bank Country Director Ms. Bolormaa Amgaabazar called on Minister for Petroleum Ali Pervaiz Malik in Islamabad today. The meeting focused on ongoing and upcoming reforms aimed at ensuring the sustainability of Pakistan’s gas sector. The World Bank Country Director commended the Petroleum Division for successfully addressing the LNG surplus…

President Asif Ali Zardari has invited Bahraini investors to explore opportunities in priority sectors, including food security, IT and tourism. He was talking to Bahraini Ambassador Mohamed Ebrahim Mohamed Abdul Qader, who called on him in Islamabad today. Highlighting economic cooperation, the President said Pakistan is keen to strengthen trade…

The Economic Coordination Committee of the Cabinet was briefed that overall inflation situation in the country has shown marked improvement during the current fiscal year, reflecting enhanced price stability and effective macroeconomic management. Chief Economist, Planning and Development Division Dr. Imtiaz Ahmad briefed the ECC during a meeting in Islamabad…

Deputy Prime Minister Ishaq Dar has emphasized to ensure sustainable fertilizer availability for farmers at affordable costs. Chairing a meeting of the Committee to deliberate upon gas supply to the fertilizer sector in Islamabad today, he also stressed for strengthening the supply chain, stabilizing prices, and supporting crop growth and…

Progressive Electronics & Traders, the authorized partner of J&R Technology Ltd. in Pakistan, has announced the successful completion of an official visit to the headquarters of J&R Technology Ltd. in Shenzhen, China, marking another important milestone in the strengthening of their strategic business relationship. The visiting delegation from Progressive Electronics…

Finance Minister Muhammad Aurangzeb has underscored Pakistan’s commitment to proactive economic diplomacy aimed at deepening international partnerships, diversifying trade and connectivity routes and attracting investment. He laid this emphasis during his separate interviews with the leading news agencies of Azerbaijan and Russia. The Minister highlighted that Azerbaijan has publicly expressed…

Finance Minister Muhammad Aurangzeb says Pakistan is moving towards sustainable development. Addressing a ceremony in Lahore , he said economic indicators have shown significant improvement as a result of reform-oriented measures. He said investor-friendly policies have strengthened national economy while promotion of local industries has accelerated the revival of the…

The Ministry of Finance has clarified that recent reform measures under Pakistan’s International Monetary Fund (IMF) Extended Fund Facility (EFF) are not new conditions but part of a phased, medium-term reform agenda agreed upon with the IMF from the outset of the program. In a statement, the ministry said the…