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Pakistan Unveils Historic Transshipment Incentive Package for Karachi Ports & Port Qasim to Drive Regional Maritime Hub Vision

Federal Minister for Maritime Affairs Junaid Anwar Chaudhry has unveiled a comprehensive transshipment incentive package for Karachi Port and Port Qasim, marking a decisive...

Pakistan and US Achieve Major Breakthrough in Bilateral Trade Framework Negotiations

Pakistan and the United States have achieved significant progress in negotiations surrounding their bilateral trade framework, agreeing to fast-track technical-level discussions and finalize the...

Ministry of Finance Issues Clarification on Federal Employees’ Salaries: 2023 & 2024 Ad-Hoc Relief Allowances Frozen

Pakistan's Ministry of Finance has issued an official Office Memorandum clarifying rules regarding the basic pay scales and allowances for federal government employees. Under...

Iran and Oman Hold Bilateral Talks to Establish Joint Shipping Lane in Strait of Hormuz

Iran and Oman are currently engaged in bilateral negotiations to refine maritime traffic protocols and create a unified transit corridor through the strategic Strait...

Pakistan Faces Energy Usage and Storage Challenges, Not Generation, Says Federal Energy Minister Awais Leghari

Federal Minister for Energy Sardar Awais Ahmad Khan Leghari stated that Pakistan’s energy sector is undergoing a historic transition, where the main challenge is...

Federal Minister Rana Tanveer Admits Imported Wheat Costs Will Exceed Local Grain Prices Amid Parliamentary Inquiry

Federal Minister for National Food Security and Research, Rana Tanveer Hussain, has acknowledged that importing wheat from international markets will prove significantly more expensive...

SIFC Facilitates Launch of Challenge Special Economic Zone Lahore; Financing Contracts Finalized

Under the active facilitation of the Special Investment Facilitation Council (SIFC), Pakistan's industrial expansion has achieved a major landmark with the completion of phase-one...

Private Sector Credit Surge Signals Economic Recovery and Rising Business Confidence: Financial Advisor

Pakistan’s private sector has witnessed a significant revival in investment and commercial activity, driven by economic stabilization policies and increased access to institutional credit...

S&P Global Upgrades Pakistan’s Credit Rating to ‘B’; Government Approves Massive Export & Industrial Stimulus

Amid ongoing regional geopolitical tensions between the US and Iran, Pakistan’s economy has achieved a major international milestone. Global rating agency S&P Global has...

FBR Surpasses July Revenue Target by PKR 30 Billion, Collecting PKR 810 Billion in FY27 First Month

The Federal Board of Revenue (FBR) has recorded a successful start to Fiscal Year 2026-27, collecting PKR 810 billion in tax revenues during July,...

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