–Key policy measures across multiple sectors Aftab Maken ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet, chaired by Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, on Thursday approved a series of Technical Supplementary Grants (TSGs) and policy decisions involving more than Rs. 50 billion across development, security, …
Read More »Fixed tax scheme for small shopkeepers introduced
BeNewz Report ISLAMABAD: The federal government has announced a new fixed tax scheme for small shopkeepers, marking a significant step toward simplifying the country’s tax structure and improving compliance among small-scale traders. The announcement was made by Minister of State for Finance Bilal Azhar Kayani during a joint press conference …
Read More »Pakistan, World Bank review reform agenda
BeNewz Report ISLAMABAD: Finance Minister Muhammad Aurangzeb and World Bank officials reviewed Pakistan’s tax reforms, debt management strategy and institutional transformation plans during talks in Islamabad on Monday. Federal Minister for Finance and Revenue Muhammad Aurangzeb held discussions with a World Bank delegation led by Bolormaa Amgaabazar to review progress …
Read More »Panda Bond: A milestone in country’s economic diversification
Pakistan has launched its first-ever Panda Bond in China, with Finance Minister Muhammad Aurangzeb calling the move a major step toward deeper financial integration between Islamabad and Beijing and a milestone in the country’s economic diversification strategy. The inaugural Panda Bond issuance ceremony was held in Beijing on the other …
Read More »ECC approves housing, EV, and energy reforms
Aftab Maken ISLAMABAD: The Economic Coordination Committee (ECC) on Monday approved a series of sectoral initiatives and technical supplementary grants aimed at boosting housing finance, education, energy supply, and electric vehicle adoption, according to an official statement. The meeting, chaired by Finance Minister Senator Muhammad Aurangzeb at the Finance Division …
Read More »Aurangzeb pushes REIT reforms to boost capital markets
BeNewz Report ISLAMABAD: Finance Minister Muhammad Aurangzeb led a high-level review on expanding Pakistan’s REIT sector, signaling renewed policy focus on real estate investment trusts to deepen capital markets and attract broader investor participation. The virtual meeting, held on May 2, brought together senior government officials, regulators, and leading private …
Read More »Aurangzeb says $1.2bn IMF tranche due next month
–Govt shifts toward commercial financing, plans Panda bond Aftab Maken ISLAMABAD: Finance Minister Muhammad Aurangzeb said Pakistan is expected to receive a $1.2 billion tranche from the International Monetary Fund next month, marking a key step under the ongoing economic reform programme. Speaking to media in Islamabad, the minister said …
Read More »ECC notes easing inflation, approves key spending
–Price stability improves as govt clears multiple proposals Aftab Maken ISLAMABAD: The Economic Coordination Committee (ECC) on April 27 noted early signs of price stability and easing inflationary pressures on essential commodities, as the government moved to sustain gains through continued monitoring and policy coordination. The meeting, chaired by Finance …
Read More »Aurangzeb leaves for IMF, World Bank meetings
–FM departed for the United States to attend IMF and World Bank Spring Meetings, aiming to advance Pakistan’s reform agenda and secure investor confidence Aftab Maken ISLAMABAD: Finance Minister Muhammad Aurangzeb left for the United States to participate in the annual Spring Meetings of the International Monetary Fund and the …
Read More »Fuel backlash puts Aurangzeb under pressure
Aftab Maken ISLAMABAD: Pakistan’s abrupt fuel price hike and rapid reversal have intensified political pressure on Finance Minister Muhammad Aurangzeb, with speculation growing over his future amid fiscal strain and public anger. Pakistan’s government faced mounting political heat after a record fuel price hike triggered widespread backlash and forced a …
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