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Statement by Prime Minister Muhammad Shehbaz Sharif on World Standards Day

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Pakistan participates with the global community to observe World Standards Day. The Pakistan Standards and Quality Control Authority (PSQCA), a National Standards Body, is actively collaborating with the global community and encouraging domestic manufacturers to embrace standardization and quality-centric practices, thus promoting a culture of excellence nationwide.
This year’s theme established by the International Organization for Standardization (ISO), “Shared Vision for a Better World,” emphasizes the critical importance of reliability and trust in fostering success within the industrial and service industries. Standards are fundamentally the basis that ensures the seamless operation of daily life. This theme encourages us to evaluate the competitiveness of our products in the global market.
In accordance with our dedication to public safety, health, and the environment, I am pleased to emphasize that the PSQCA has established stringent safety standards for motor vehicles to safeguard the lives of our citizens. A significant accomplishment is the establishment of a 2% cap on industrially generated Trans Fatty Acids (iTFA) in food goods, a crucial measure for mitigating cardiovascular illnesses in Pakistan. These initiatives demonstrate our commitment to prioritizing the welfare of our populace through thorough and efficient standards.
The expansion of Pakistan’s exports is strongly correlated with the adherence of our goods and services to international standards. This alignment fosters global consumer confidence in Pakistani products, expands prospects for our enterprises internationally, and stimulates sustainable economic progress. Adherence to these standards provides a competitive edge, allowing organizations to fulfill consumer requirements via enhanced organizational and manufacturing processes. I am assured that this year’s World Standards Day festivities will substantially enhance awareness regarding the significance of standards. In a time characterized by competitive pressures, such understanding is essential for the government, industry, and business sectors to guarantee global customer pleasure. I reaffirm the Government of Pakistan’s dedication to assisting pertinent organizations in attaining the highest global standards and expediting Pakistan’s progress toward sustainable economic development.
Long live Pakistan!

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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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