Islamabad, December 6, 2024 – The Pakistan Meteorological Department (PMD) has issued a weather forecast predicting snowfall over the hills on Saturday, December 7, 2024, as a westerly wave is set to affect the upper parts of the country. According to PMD, cold and dry weather will dominate most regions, with cloudy conditions expected in the northern and higher altitude areas.
(more…)Author: Mrs. Anjum Shahnawaz
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Weekly Inflation in Pakistan Decreases by 0.34%
Islamabad, December 6, 2024 – The Pakistan Bureau of Statistics (PBS) reported on Friday that weekly inflation, measured by the Sensitive Price Indicator (SPI), declined by 0.34% for the week ending December 5, 2024, compared to the previous week.
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PM Shehbaz Orders Strict Measures for Tax Collection
Islamabad, December 5, 2024 – Prime Minister Shehbaz Sharif, on Thursday, issued clear directives to relevant authorities to ensure swift and effective tax collection in Pakistan. He emphasized the need for implementing strict measures to enforce the country’s revenue collection strategy. This was part of his broader vision to strengthen the nation’s fiscal framework, which has been a key focus of his government.
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Weather Outlook for Pakistan: Very Cold in Northern Areas
Karachi, December 5, 2024 – The Pakistan Meteorological Department (PMD) has issued a weather outlook for the next 24 hours, forecasting very cold conditions in northern Pakistan while the rest of the country is expected to remain cold and dry.
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NTC Reviews Agriculture, Property Taxation Strategies
Islamabad, December 4, 2024 – The National Tax Council (NTC) convened on Wednesday to explore measures aimed at boosting revenue through enhanced agricultural income and property taxation. The session, chaired by Minister for Finance and Revenue Senator Muhammad Aurangzeb, underscored the importance of federal-provincial collaboration to achieve comprehensive tax reforms and improve compliance.
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Aurangzeb Pledges Solutions for American Business Council
Islamabad, December 4, 2024 – Finance Minister Muhammad Aurangzeb assured the American Business Council (ABC) of the government’s commitment to addressing issues affecting their operations in Pakistan, reaffirming efforts to bolster foreign investment and economic ties with the United States.
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Pakistan Rebuffs Reports of Discounted Oil Deal with Russia
Islamabad, December 4, 2024 – Petroleum Minister Musadik Malik on Wednesday categorically denied reports suggesting that Pakistan and Russia had reached an agreement for the supply of discounted crude oil.
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Aurangzeb for Market-Driven Financing to Bridge Housing Gap
Islamabad, December 4, 2024 – Finance Minister Muhammad Aurangzeb reiterated the government’s commitment to modernizing the housing sector without returning to directed lending, a practice he described as harmful due to its long-term economic distortions. Speaking at the International Affordable, Green & Resilient Housing Conference, the minister emphasized the need for creating mechanisms that incentivize the private sector, particularly banks and microfinance institutions, to take the lead in providing accessible housing finance.
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Pakistan Weather Report – December 4, 2024
Islamabad, December 4, 2024 – The Pakistan Meteorological Department (PMD) has issued its weather report for Wednesday, December 4, 2024, predicting cold and dry conditions across most regions of the country. The PMD noted that continental air is prevailing over much of Pakistan, contributing to the dry and chilly weather.
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Pakistan and Saudi Arabia Commit to Deepening Economic Ties
Pakistan and Saudi Arabia have reaffirmed their commitment to strengthening economic, trade, and investment ties, aiming for a qualitative transformation in their bilateral relationship. The development came during a “warm and cordial” meeting between Pakistan’s Prime Minister Muhammad Shehbaz Sharif and Saudi Crown Prince Mohammed bin Salman on the sidelines of the One Water Summit in Riyadh.
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