Trade
Exports growth vital for Pakistan’s economic development: Prime Minister
Prime Minister Muhammad Shehbaz Sharif has said that a sustained increase in exports was essential for Pakistan’s economic development and long-term stability.He expressed these views while chairing a review meeting on domestic exports on Saturday.The prime minister emphasized that the government was committed to providing all possible facilities to businessmen and exporters to enhance export […]
ECNEC approves 11 projects in various sectors
A meeting of the Executive Committee of the National Economic Council (ECNEC) chaired by Deputy Prime Minister/Foreign Minister Senator Mohammad Ishaq Dar, Saturday, approved 11 projects pertaining to various sectors, ranging from transport to communications and the environment.The meeting was attended by the minister for planning, SAPM Tariq Bajwa, ministers from Sindh & KPK, various […]
ADB reaffirms support for Pakistan Railways’ ML-1 upgrade
The Director General of the Asian Development Bank (ADB), Ms. Leah Gutierrez, along with her team, called on the Federal Minister for Railways, Muhammad Hanif Abbasi, today. The meeting focused on detailed discussions regarding the upgradation of Pakistan Railways’ flagship project, Main Line-1 (ML-1). During the briefing, it was highlighted that ML-1 is the backbone […]
NHA revenue surges 63% amid reforms, Minister tells Senate panel
Federal Minister for Communications Abdul Aleem Khan informed the Senate Standing Committee on Communications on Friday that the National Highway Authority (NHA) has recorded a 63 percent increase in revenue, attributing the growth to wide-ranging reforms and improved management practices. Briefing the committee on ongoing and planned development works, the minister highlighted progress on motorways, […]
Finance minister reviews sectoral issues with telecom, VC firms
Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb on Friday, held a meeting with a delegation comprising telecommunication infrastructure companies (TOWERCO Pakistan) and Venture Capital Firms (VCs) to discuss and review key sectoral issues, with a particular focus on taxation, investment climate, and growth prospects.The visiting delegation represented a broad spectrum of stakeholders, including […]
Federal Minister for Board of Investment Meets Renowned Industrialist Mr. Tariq Rafi
Federal Minister for Board of Investment, Qaiser Ahmed Sheikh, held an important meeting today with Mr. Tariq Rafi (Sitara-e-Imtiaz), a renowned industrialist, in Islamabad. During the meeting, detailed discussions were held on the country’s overall economic landscape and emerging investment opportunities. The Federal Minister highlighted that Pakistan’s economic outlook is improving, creating a conducive environment […]
Senator Aurangzeb highlights digital banking, financial inclusion and cashless economy drive
Minister for Finance and Revenue Senator Muhammad Aurangzeb on Thursday said that the national drive towards digitization has gathered strong momentum, including at the highest level and that clear performance targets are being pursued through a coordinated approach across key pillars covering digital infrastructure, payment systems and rails and digitization of government-related payments.He stated this […]
World Bank appreciates Petroleum Division for Successful Resolution of LNG Surplus Issue
Federal Minister for Petroleum, Mr. Ali Pervaiz Malik, held a meeting today with the World Bank Country Director for Pakistan, Ms. Bolormaa Amgaabazar, to discuss ongoing and future reforms in Pakistan’s energy sector, with a particular focus on gas sector sustainability. During the meeting, Ms. Bolormaa Amgaabazar appreciated the Petroleum Division for successfully resolving the […]
PM approves Halal Meat Export Policy, directs measures to increase export
Prime Minister Muhammad Shehbaz Sharif on Thursday approved the Halal Meat Export Policy and issued special directions to present, within two weeks, a three-year comprehensive strategy comprising practical measures to increase halal meat export. “A comprehensive strategy, formulated through coordination among all relevant federal ministries and provincial governments, is essential to make Pakistan’s share in […]
Raast playing key role in promotion of financial inclusion, cashless economy
Prime Minister Shehbaz Sharif on Thursday emphasized that Raast- Pakistan’s national payment system- was playing key role in promotion of cashless economy and financial inclusion in the country.The prime minister stressed the need to further expediting efforts aimed at encouraging the country’s businessmen to use Raast platform for their payments.He was talking to the members […]