–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 …
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–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 …
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–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 …
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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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–Govt reallocates PSDP funds to manage fuel prices and build reserves Aftab Maken ISLAMABAD: The Economic Coordination Committee (ECC) has approved a Rs100 billion technical supplementary grant on Thursday to fund the Prime Minister’s austerity initiative and reviewed wheat procurement plans under the Interim National Wheat Policy 2025-26. The meeting, …
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–Finance body approves key SOE decisions, defers gas firms’ IFRS exemption BeNewz Report ISLAMABAD: The Cabinet Committee on State-Owned Enterprises (CCoSOEs) on Thursday approved multiple governance changes across key public sector entities during a meeting chaired by Finance Minister Muhammad Aurangzeb in Islamabad. The meeting reviewed and cleared a summary …
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Aftab Maken ISLAMABAD: The government has said petroleum stocks remain at comfortable levels after a high-level review meeting chaired by Finance Minister Muhammad Aurangzeb, as authorities monitored global oil market volatility and regional geopolitical tensions. The government said on Saturday that Pakistan’s fuel supply position remains stable after a high-level …
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—Finance Minister says NGMS/5G spectrum auction will accelerate digital growth and support IT exports, telecom expansion, and digital payments ecosystem in Pakistan Aftab Maken ISLAMABAD: Finance Minister Muhammad Aurangzeb said the NGMS/5G spectrum auction conducted by the Pakistan Telecommunication Authority marks a major step toward Pakistan’s digital transformation and expansion …
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ECC approved key grants and power sector reforms. The moves aim to support energy, education, and disaster response programs BeNewz Report ISLAMABAD: The Economic Coordination Committee (ECC) approved multiple Technical Supplementary Grants (TSGs) and a power sector reform package during a meeting chaired by Finance Minister Senator Muhammad Aurangzeb. The …
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Economic Coordination Committee boosts “Mera Ghar” scheme loan ceiling and approves Thar rail grant. Aftab Maken ISLAMABAD: The Economic Coordination Committee of the Cabinet on Thursday approved an increase in the “Mera Ghar Mera Aashiana” mortgage scheme loan limit to Rs10 million, introducing a uniform 5% end-user rate to expand …
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