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Articles for tag: a Jirga member said, a key border crossing for trade and pedestrians, Afghan Trade, Afghanistan, bilateral relations, Border Disputes, border management, Border Reopening, Border Security, business community, business growth, Business news, Commercial Activities, Conflict Resolution, connectivity, Cross Border Commerce, Cross Border Trade, Currency Exchange, Custom Regulations, customs, development projects, diplomacy, economic cooperation, economic development, economic forums, Economic Growth, economic integration, economic partnerships, economic policy, economic reforms, economic strategies, economic trends, Export Potential, free trade, geopolitics, Global Markets, global trade, Hamza Azhar Salam, Import Export, Import Regulations, Imran Khan, infrastructure, International Relations, Investment, Islamabad, ISLAMABAD: Pakistani and Afghan elders and traders made progress in a joint Jirga held on Monday to discuss the reopening of Torkham, Jirga, Kabul, logistics, Market Access, market trends, Pak Afghan Relations, Pak Afghan Trade, Pakistan, pakistan daily, Pakistani Markets, Peace talks, Peshawar, policy making, political economy, political negotiations, raja furqan ahmed, regional connectivity, regional stability, regional trade, Shehbaz Sharif, South Asia, supply chain, Tahir Khan News, The Pakistan Daily, Torkham border, TPD Investigations Desk, TPD Leaks, Trade, Trade Agreements, Trade balance, trade barriers, trade challenges, Trade Conflicts, Trade Corridor, trade diplomacy, trade discussions, trade expansion, trade facilitation, trade negotiations, trade networks, trade policies, trade routes, Trade Summits, trade volume, transit trade, Transport Corridors, World Press

Pak Afghan jirga makes progress, Torkham could be opened anytime: member

ISLAMABAD: Pakistani and Afghan elders and traders made progress in a joint Jirga held on Monday to discuss the reopening of Torkham, a key border crossing for trade and pedestrians, a Jirga member said. Torkham was closed on Feb 21 after a controversy surfaced over constructions on both sides near the border. Pakistan Foreign Ministry spokesman Shafqat Ali Khan told a weekly press briefing on March 13 that the Afghan side had carried out an illegal and unilateral construction activity within the Pakistani territory at two points along the Pakistan border. On their part, Afghan Taliban officials insisted that they

Govt committed to economic stability despite attempts to create chaos: Khawaja Asif

Federal ministers have emphasized Pakistan’s ongoing efforts to restore economic stability, counter internal and external challenges, and accelerate digital transformation. defence minister khawaja asif stated that the government inherited difficult conditions but remains committed to stabilizing the economy despite attempts to create chaos. he accused the pakistan tehreek-e-insaf (pti) of disrupting national stability and reaffirmed the government’s resolve in fighting terrorism. “the war on terrorism is being fought vigorously, and pakistan’s enemies are being confronted,” asif said, acknowledging the country’s internal and external security challenges. minister for planning ahsan iqbal criticized past disruptions to pakistan’s economic roadmap, noting that vision

PM Shehbaz vows to increase Pakistan’s exports to $60 billion by 2029

Prime Minister Shehbaz Sharif, on the occasion of completing one year in office, has reaffirmed his commitment to boosting Pakistan’s exports to $60 billion by 2029. He made this statement while chairing a special meeting of the Federal Cabinet in Islamabad. The Prime Minister highlighted that the economy is growing stronger and more stable due to the collaborative efforts of the government and coalition partners. He emphasized that Vision-2035 aims to transform Pakistan into a one-trillion-dollar economy by 2035. He also noted significant improvements in the country’s economic indicators, such as foreign exchange reserves, which increased from $4 billion to

Talks begin with IMF on new bailout

Formal negotiations between the International Monetary Fund economic review mission and Pakistan’s economic team are set to commence today (Tuesday) for a $1 billion tranche from the $7 billion bailout deal. The talks will begin with a meeting between Finance Minister Muhammad Aurangzeb and the IMF delegation, where the finance secretary and other senior officials will brief on the economic situation and ongoing reforms. In July, Pakistan and the IMF finalised a three-year, $7 billion aid package designed to help the country establish macroeconomic stability and foster stronger, more inclusive growth. The 37-month Extended Fund Facility programme includes six reviews

Economic indicators improving due to govt’s efforts: PM Shehbaz

Prime Minister Shehbaz Sharif says provision of essential items to the people at affordable prices is the top priority of the government. In a statement, he expressed satisfaction over the continuous decline in the Consumer Price Index inflation. He also expressed confidence that inflation will decrease further. The Prime Minister said the current government is completing its one year in office and this is extremely good news on this occasion. He said it is very encouraging that inflation has come down to 1.5 percent last month, which is the lowest inflation rate since September 2015. He said the average inflation

SIFC paving way for foreign investments to boost economy

Special Investment Facilitation Council is paving the way for investments from different countries to improve the country’s economic situation. In this regard, Memorandums of Understanding (MoUs) have been signed between Pakistan and the United Arab Emirate aimed at enhancing bilateral cooperation. The UAE has expressed interest in investing in various sectors, including banking, mining, railways and infrastructure. A significant agreement between Pakistan Railways and the UAE’s Etihad Rail is expected to improve the railway network. The strategic partnership between Pakistan and the UAE will enhance cooperation in trade, investment and energy sectors. Pakistan, Uzbekistan set $1 billion trade target: Uzbek

Govt pursuing strategy for investor-friendly policies: PM Shehbaz

Prime Minister Shehbaz Sharif says business community and industrialists are the backbone of country’s economy and resolving their problems is government’s top priority. Talking to leading businessmen and industrialists in Islamabad, he said the government is vigorously pursuing the strategy to bring in business and investor-friendly policies in the country. The Prime Minster said the business community and investors have been provided with a simple and easy platform under the Special Investment Facilitation Council, where facilities are being provided under one-window operation. He informed that a major task has been completed regarding the digitization of the Federal Board of Revenue

HBL and S&P Global Launch the Pakistan Manufacturing Purchasing Managers’ Index (PMI) to Enhance Economic Insights

Islamabad: HBL, in collaboration with S&P Global, announced the launch of the HBL S&P Global PMI® (Purchasing Managers’ Index™) series for Pakistan. This landmark initiative aims to provide valuable data and timely insights into the overall economic health of Pakistan’s manufacturing sector, marking a significant advancement in economic analysis for the country. The HBL S&P Global PMI is a standardized and internationally recognized economic indicator that will be released monthly, offering critical data on various aspects of the economy. This index is designed to serve as an essential tool for financial institutions, policymakers, and businesses, facilitating informed decision-making and strategic planning

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