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PIA privatization sends strong signal to global investors: Khurram Shahzad

ISLAMABAD, Dec 24 (APP):Advisor to the Finance Minister Khurram Shahzad said on Wednesday that the privatization of Pakistan International Airlines (PIA) marked a major structural reform and sent a strong message to global investors about Pakistan’s seriousness in fixing its economy.Talking to a private news channel, he said PIA had long been a loss-making entity […]

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PM commends team on successful PIA privatization, orders to immediately offload all loss making entities

ISLAMABAD, Dec 24 (APP):Prime Minister Muhammad Shehbaz Sharif on Wednesday appreciated the government team involved in the privatization of Pakistan International Airlines (PIA), saying the successful completion of the process marked a major milestone achieved in the larger national interest. He directed that all the loss-making State Owned Entities (SOEs) must be offloaded immediately in […]

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Naqvi briefed on NDMA’s disaster preparedness systems at NEOC

ISLAMABAD, Dec 24 (APP):Federal Minister for Interior and Narcotics Control Syed Mohsin Raza Naqvi on Wednesday visited the National Emergencies Operation Center (NEOC) at National Disaster Management Authority (NDMA) headquarters and was briefed on disaster early warning systems, technology ecosystem, digital portals, and operational dashboards. Earlier, Chairman NDMA Lt Gen Inam Haider Malik, accompanied by […]

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Khurram highlights progress on privatization of SOEs

ISLAMABAD, Dec 24 (APP):Advisor to the Finance Minister Khurram Schehzad Tuesday shared an update highlighting progress on key state-owned enterprises (SOEs), noting that significant actions for winding-up or privatisation have been completed over the last six months.According to details he shared on social media platform X, actions related to Utility Stores Corporation, Pakistan Agricultural Storage […]

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Federal Minister Rana Tanveer Hussain Holds High-Level Interactive Meeting with Exporters at FPCCI to Boost Agricultural Exports

Federal Minister for National Food Security & Research, Mr. Rana Tanveer Hussain, held a high-level interactive meeting with agricultural exporters and key stakeholders at the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) to address exporters’ concerns and develop a practical strategy for enhancing Pakistan’s agricultural exports. The meeting was convened on the special […]

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Rana Ihsaan meets Uzbek ambassador to boost economic cooperation

ISLAMABAD, Dec 24 (APP):Coordinator to the Prime Minister on Commerce Rana Ihsaan Afzal Khan on Wednesday met with Ambassador of the Republic of Uzbekistan Alisher Tukhtaev to review bilateral trade, connectivity, and broader economic cooperation. The coordinator expressed appreciation for the invitation to visit Uzbekistan and commended the development of Tashkent, noting that its infrastructure […]

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PM for further steps to boost business, economic activities at ports

Prime Minister Muhammad Shehbaz Sharif, Wednesday, emphasized upon the significance of ports that played an extremely important role in boosting business activity and economic growth and directed various steps for accelerating the trade, connectivity and economic activity.Chairing a meeting regarding the working group constituted for reforms at country’s ports, he directed that various departments linked […]

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PM Shehbaz approves framework for comprehensive National Energy Plan

ISLAMABAD, Dec 24 (APP):Prime Minister Muhammad Shehbaz Sharif on Wednesday granted in-principle approval for the formulation of a comprehensive National Energy Plan, directing all relevant federal ministries and provincial governments to work in close coordination to develop a viable and integrated strategy for the sector. Chairing a review meeting on the recommendations of the Cabinet […]

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Pakistan signals confidence as economic reforms deliver results: USA Today

ISLAMABAD, Dec 24 (APP):Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, said that Pakistan has reached a critical turning point, with macroeconomic stability, sustained reforms, and policy continuity restoring confidence and steering the economy towards export-led, long-term growth.In an interview with USA Today, the minister said this was opening new horizons for domestic and […]

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Delegation of Bangladesh National Board of Revenue Visits Federal Tax Ombudsman Secretariat

A distinguished delegation from the National Board of Revenue (NBR), People’s Republic of Bangladesh, called on the Hon’ble Federal Tax Ombudsman (FTO), Mr. Zafar-ul-Haq Hijazi, at the Federal Tax Ombudsman Secretariat, Islamabad, today.The delegation was led by Mr. Md. Lutful Azeem and comprised Mr. Abul Kalam Kaikobad, Member (Tax Administration & Human Resource Management); Barrister […]