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PMD: Isolated rain is expected, although humid weather is expected to persist.

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4 months ago

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The majority of the country is predicted to have hot, muggy weather during the next 24 hours, according to the Pakistan Meteorological Department’s (PMD) prediction.

Nonetheless, isolated locations in Gilgit-Baltistan, Khyber-Pakhtunkhwa, Kashmir, Potohar Region, Islamabad, Punjab, southeastern/upper Sindh, and northeastern Balochistan are likely to see rain, windstorms, or thundershowers.

The upper and central regions of the country are being affected by monsoon currents originating in the Arabian Sea, as per the synoptic scenario. A westerly wave is presently over the upper regions and is expected to impact the central and upper regions starting tonight.

In the past day, there have been rainstorms, thundershowers, and windstorms in Kashmir, northeastern Balochistan, upper Khyber Pakhtunkhwa, Punjab, Islamabad, southeast/lower Sindh, and northeastern Balochistan. Some isolated areas have also seen considerable rainfall. In other regions of the country, the weather was hot and muggy.

With a high of 47 degrees Celsius over the past 24 hours, Sibbi has continued to be the warmest location in the nation.

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Business

Irfan Siddiqui meets with the PM and informs him about the Senate performance of the parliamentary party.

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The head of the Senate’s Foreign Affairs Standing Committee and the PML-N’s parliamentary leader paid Prime Minister Muhammad Shehbaz Sharif a visit in Islamabad.

Senator Irfan Siddiqui gave the Prime Minister an update on the Parliamentary Party’s Senate performance.

Additionally, Senator Irfan Siddiqui gave the Prime Minister an update on the Senate Standing Committee on Foreign Affairs’ performance.

He complimented the Prime Minister on his outstanding efforts to bring Pakistan’s economy back on track and meet its economic objectives.

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Business

SIFC Increases Direct Foreign Investment: Investment in the Energy Sector Rises by 120%

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The Special Investment Facilitation Council is intended to help Pakistan’s energy sector attract $585.6 million in direct foreign investment in 2024–2025. The amount invested at the same time previous year was $266.3 million.

This is a notable 120% rise, mostly due to investments in gas exploration, oil, and power. Such expansion indicates heightened investor confidence and emphasizes the development potential in important areas.

The State Bank reports that foreign investment in other vital industries has increased by 48% to $771 million.

This advancement is a blatant testament to SIFC’s efficient investment procedure and quick project execution.

The purpose of the Special Investment Facilitation Council is to establish Pakistan as an investment hub by aggressively promoting regional trade and investment in the energy sector and other critical industries.

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Speaking to a press conference, Marriyum Aurangzeb says the PML-N government has restored the trust of investors.

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According to Marriyum Aurangzeb, senior Punjab minister, the PML-N government has won back the trust of investors by making strides in a number of areas, including agriculture.

Marriyum Aurangzeb, speaking at a press conference in Lahore, emphasized the Punjab government’s initiatives to bring about major changes in the province, particularly in Lahore.

Marriyum Aurangzeb stated that in order to guarantee sustainable growth, the master plan for Lahore has been completed, and plans of a similar nature are being worked on for other districts.

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