Islamabad, November 18, 2024 – Prime Minister Shehbaz Sharif on Monday expressed optimism about the country’s economic trajectory, asserting that Pakistan’s economy is on the path to stability. He attributed recent positive developments, including brisk trading in the stock market, to the government’s decisive steps aimed at reviving economic health. Shehbaz emphasized that foreign investment serves as a testament to growing international confidence in the government’s policies.
(more…)Author: Mrs. Anjum Shahnawaz
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Aurangzeb Envisions Pakistan’s Economy at $3 Trillion by 2047
Islamabad, November 17, 2024 – Federal Finance Minister Muhammad Aurangzeb has projected that Pakistan’s economy could expand to $3 trillion by 2047, a significant leap from its current $300 billion. In a televised statement on Sunday, he attributed this optimistic outlook to the government’s economic discipline and reform efforts under the leadership of Prime Minister Muhammad Shehbaz Sharif.
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Azad Kashmir Receives First Snowfall, Marking Winter’s Arrival
Azad Jammu and Kashmir (AJK) has finally embraced winter with the season’s first snowfall and rain, ending a two-month-long dry spell that had impacted the region. The scenic upper reaches, including Neelam and Leepa Valleys, experienced heavy snowfall on Saturday, with temperatures dropping sharply. Locals reported that the nights have become exceptionally cold, making it challenging to cope with the sudden chill.
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Pakistan Weather Outlook for November 18, 2024
Islamabad, November 17, 2024 – The Pakistan Meteorological Department (PMD) has issued its weather forecast for Monday, November 18, 2024. The outlook predicts predominantly dry and cold conditions across the country, with smog or shallow fog expected in isolated plain areas of Punjab during the night and early morning.
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Aurangzeb Rules Out Mini Budget After Productive IMF Talks
Islamabad, November 16, 2024 – Federal Finance Minister Muhammad Aurangzeb has dismissed the possibility of introducing a mini-budget after the conclusion of successful discussions with the International Monetary Fund (IMF). The talks, which included an in-person visit by the IMF mission led by Nathan Porter, were described as productive and aimed at fostering confidence rather than reviewing Pakistan’s economy.
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Experts Advocate Strong Tobacco Taxation for Public Health
Islamabad, November 16, 2024 – Experts at a seminar titled “Taxing Tobacco: A Path to Reducing Consumption and Saving Lives” highlighted the pressing need for a comprehensive and sustainable tobacco taxation policy in Pakistan.
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November 17 2024 Weather: Cold, Dry Across Pakistan
Islamabad, November 16, 2024 – The Pakistan Meteorological Department (PMD) has forecasted mainly cold and dry weather for most parts of the country on Sunday, November 17, 2024. However, smog and patches of fog are likely to persist in the plains of Punjab, posing challenges for visibility and health.
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Government Keeps Petrol, Diesel Prices Unchanged for Fortnight
ISLAMABAD: The federal government has decided to keep fuel prices unchanged for the next fortnight, according to a notification issued by the Finance Division. This decision is based on the price trends of petroleum products in the international market during the last two weeks, as calculated by the Oil and Gas Regulatory Authority (OGRA).
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Weekly SPI Inflation Increases by 0.55%
Islamabad, November 15, 2024 – The Sensitive Price Indicator (SPI), which measures weekly inflation, recorded an increase of 0.55% for the week ending November 14, 2024, according to the Pakistan Bureau of Statistics (PBS). The rise reflects notable price hikes in essential commodities, impacting households across the country.
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Cloudy Skies, Rain, and Fog Expected Across Northern Pakistan
Islamabad, November 15, 2024 – The Pakistan Meteorological Department (PMD) has issued a detailed weather forecast for Saturday, November 16, 2024, predicting varied conditions across the country. According to the PMD, cloudy weather accompanied by rain, wind, and thunderstorms is expected in isolated areas of upper Khyber Pakhtunkhwa, Gilgit-Baltistan, Kashmir, and northeast Punjab during the morning hours. Higher altitudes in these regions may experience snowfall. Meanwhile, the rest of the country is likely to witness dry weather.
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