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Today, the Finance Minister is scheduled to arrive in Baku, where Aurangzeb will take part in a number of climate-related discussions.

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Senator Muhammad Aurangzeb, Federal Minister for Finance and Revenue, has departed for Baku, the capital of Azerbaijan, to attend the 29th session of the parties to the United Nations Framework Convention on Climate Change, or COP29.

The finance minister will be present at the cop29 conference for high-level seminars, events, and discussions. Additionally, he will attend programs hosted by the conference’s Pakistani pavilion. In the border markets, Aurangzeb will be present at a ceremony with the theme of local environmental action and insight fund. Along with launching the “national climate finance strategy” at the Pakistan pavilion, the finance minister will take part in a panel discussion on “climate responsive public investment” that the ministry of planning is organizing. On the topic of “Carec partnership for climate innovation and trade,” he will also take part in a high-level session.

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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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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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