Islamabad, November 30, 2024: The government of Pakistan has announced an increase in the prices of key petroleum products for the first half of December 2024. The adjustment, based on recommendations from the Oil and Gas Regulatory Authority (OGRA), reflects global market trends and rising oil prices.
Sialkot, November 30, 2024 – Aviation Minister Khawaja Asif welcomed the European Commission and the European Aviation Safety Agency’s (EASA) decision to lift the suspension on Pakistan International Airlines (PIA), expressing optimism about its positive impact on the privatization process of the indebted national carrier.
Pakistan is anticipated to raise petroleum product prices starting December 1, 2024, as global oil prices continue to climb. The price adjustment will follow the routine fortnightly review of petroleum prices, with the updated rates scheduled for announcement on November 30, 2024. These revised prices will be effective from December 1 to December 15, 2024.
The European Union Aviation Safety Agency (EASA) has officially lifted the four-year ban on Pakistan International Airlines (PIA), marking a significant milestone for Pakistan’s aviation sector.
Pakistan is expected to raise petroleum product prices starting December 1, 2024, driven by a recent surge in international oil prices. The adjustment will follow the fortnightly review of petroleum prices, with the next update scheduled for November 30, 2024. The revised prices will remain effective from December 1 to December 15, 2024.
Karachi, November 28, 2024 – The State Bank of Pakistan (SBP) has announced that branches of designated banks will remain operational over the weekend to facilitate the submission of Hajj applications for 2025. This special arrangement, requested by the Ministry of Religious Affairs and Interfaith Harmony, ensures greater convenience for intending pilgrims.
Karachi, November 27, 2024 – The government has announced the petroleum prices in Pakistan for the remainder of November 2024. These rates, set by the Oil and Gas Regulatory Authority (OGRA), will stay in effect until the end of the month.
The Oil Companies Advisory Council (OCAC) has urged the Punjab and Federal Capital administrations to take immediate steps to facilitate the transport of petroleum products, warning of an impending fuel crisis due to ongoing disruptions caused by Pakistan Tehreek-i-Insaf (PTI) protests.
Karachi, November 23, 2024 – The updated petroleum prices in Pakistan for Saturday, November 23, 2024, will remain in effect until the end of this month.
Islamabad, November 22, 2024 – The State Bank of Pakistan (SBP) announced the release of a commemorative Rs. 55 coin to mark the 555th Jayanti of Baba Guru Nanak Dev Ji, the revered founder of Sikhism. The issuance reflects Pakistan’s commitment to honoring the legacy of religious figures and promoting interfaith harmony.