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PM stresses new exploration, digitization of oil & gas sector

ISLAMABAD, Jan 1 (APP): Prime Minister Muhammad Shehbaz Sharif on Thursday chaired a high-level meeting on matters pertaining to the Petroleum Division, directing that the exploration of new oil and gas resources be prioritized to conserve precious foreign exchange spent on petroleum imports. The prime minister emphasized that exploring domestic energy resources was critical for […]

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DPM Dar chairs first meeting of Economic Management Reforms Committee

ISLAMABAD, Jan 1 (APP): Deputy Prime Minister and Foreign Minister, Senator Mohammad Ishaq Dar, on Thursday chaired the first meeting of the Committee on Economic Management Reforms. The deputy PM stressed the importance of focusing on sectors that can act as triggers for higher and more inclusive economic growth. The meeting deliberated on the way […]

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Pakistan’s total liquid foreign reserves stand over $21 billion

KARACHI, Jan 01 (APP): The total liquid foreign reserves of Pakistan stood US$ 21,012.2 million as of December 26, 2025 while the reserves held by the State Bank of Pakistan rose to $ 15,915.1 million. “During the week ended on 26-Dec-2025, SBP’s FX reserves increased by US$ 13 million to US$ 15,915.1 million,” the central […]

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Committee recommends policy of voluntary blending of ethanol with locally produced petrol

ISLAMABAD, Jan 01 (APP): Deputy Prime Minister and Foreign Minister Senator Ishaq Dar on Thursday chaired a meeting of the committee which recommended the policy of voluntary blending of ethanol with locally produced petrol by refineries. The committee members were given a presentation by Chairman of Oil and Gas Regulatory Authority (OGRA). After detailed deliberations, […]

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Mobile phone imports increases 40.51% touches to $801.139 mln

ISLAMABAD, Jan 1 (APP): The import of mobile phones into the country has witnessed an increase of 40.51 percent during the first five months of the current fiscal year (2025-26) as compared to the corresponding months of last year. Pakistan imported mobile phones worth US $ 801.139 million during July-November (2025-26) as compared to the […]

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PSX gains 2,301 points to close at 176,355 points

ISLAMABAD, Jan 1 (APP): The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) on Thursday closed bullish, gaining 2,301.17 points, a positive change of 1.32 percent, to settle at 176,355.49 points compared to 174,054.32 points on the previous trading day, according to PSX data. During the session, the ready market witnessed a trading volume […]

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First-ever digital HIES shows literacy at 63%, household internet access rises to 70%

ISLAMABAD, Jan 1 (APP): The Pakistan Bureau of Statistics (PBS) on Thursday launched the country’s first-ever fully digital Household Integrated Economic Survey (HIES) 2024–25, a landmark initiative aimed at strengthening data-driven governance and evidence-based policymaking, with results indicating notable improvements in education, health, digital access and household living standards.Federal Minister for Planning, Development and Special […]

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Ahsan urges data-driven growth as HIES signals economic turnaround

ISLAMABAD, Jan 1 (APP):Federal Minister for Planning, Development and Special Initiatives Professor Ahsan Iqbal on Thursday highlighted the centrality of credible data for evidence-based policymaking, saying the Household Integrated Economic Survey (HIES) 2024–25 marked a major milestone for informed planning and sustainable development in the country. Addressing the launch ceremony of HIES 2024–25, the minister […]

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Shipping Activity at Port Qasim

KARACHI, Jan 01 (APP):Seven ships, Spirit of Bertram, Hansa Africa, Minamoto, Navision Vincentiz, Al-Soor-II, Joseph and Venus-09 schedule to load/offload Container, Sand, Cement/Rice, Gas oil and LPG, berthed at Qasim International Container Terminal, Multi-Purpose-1&2, FOTCO oil Terminal, Engro Vopak Terminal and Sui Southern Gas Terminal respectively on Wednesday, Meanwhile five more ships, MSC Susanna, Floyen, […]

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PM greets nation on New Year

ISLAMABAD, Dec 31 (APP): Prime Minister Muhammad Shehbaz Sharif, in his New Year’s message for 2026, hailed the nation’s resilience and paid tribute to its martyrs while pledging to accelerate economic reforms and uphold Pakistan’s role for global peace. The prime minister extended his heartfelt greetings to all Pakistanis, praying that the new year brings […]