BeNewz Report ISLAMABAD: The Cabinet Committee on State-Owned Enterprises (CCoSOEs), led by Finance Minister Senator Muhammad Aurangzeb, approved a slate of key board appointments in several major Pakistani SOEs during its meeting in Islamabad on Monday. The committee endorsed the appointment of an independent director to Zarai Taraqiati Bank Limited …
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Aftab Maken ISLAMABAD: Finance Minister, Senator Aurangzeb Khan on Thursday made his first official visit to the Pakistan Virtual Asset Regulatory Authority (PVARA), underlining the government’s commitment to regulating the rapidly growing digital assets sector. He was briefed on PVARA’s roadmap to implementing a comprehensive regulatory framework for virtual assets. …
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Aftab Maken ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Thursday approved a series of measures aimed at stabilizing Pakistan’s power sector and maintaining steady remittance inflows. The meeting, chaired by Finance Minister Senator Muhammad Aurangzeb at the Finance Division, endorsed multiple financial frameworks to rationalize tariffs, settle …
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Aftab Maken ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb on Thursday commended the pharmaceutical industry’s strong performance, highlighting a record 34% increase in exports as a sign of resilience and innovation despite economic challenges. He was speaking during a meeting with a high-level delegation of the Pakistan …
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Aftab Maken ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Thursday reviewed inflationary trends and approved several technical supplementary grants (TSGs) across sectors, as the government emphasized coordinated policy measures to stabilize prices and protect consumer purchasing power. Chairing the meeting at the Finance Division, Federal Minister for …
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Agreement unlocks $1.2 billion in funding as IMF praises strong reform momentum amid flood challenges Aftab Maken ISLAMABAD: The International Monetary Fund (IMF) and Pakistan have reached a staff-level agreement on the second review of the 37-month Extended Fund Facility (EFF) and the first review of the 28-month Resilience and …
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Finance Minister Muhammad Aurangzeb chaired the ECC meeting virtually, approving used vehicle imports with age and duty conditions until 2026. Aftab Maken The Economic Coordination Committee (ECC) of the Cabinet approved the commercial import of used vehicles under specific conditions during a meeting chaired virtually by Finance Minister Senator Muhammad …
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BeNewz Report The Economic Coordination Committee (ECC) of the Federal Cabinet on Thursday approved definitive agreements and financial commitments for the Reko Diq Project. The decision paves the way for full-scale development work to begin in Balochistan, with an estimated bridge financing package of $390 million allocated to rail infrastructure. …
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Benewz Report Finance Minister Muhammad Aurangzeb assured the Pakistan Business Council of the government’s commitment to reforms, investment growth, and macroeconomic stability. Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb reaffirmed the government’s resolve to strengthen economic reforms, attract investment, and create a stable business environment during a meeting …
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Committee to monitor essential commodities, ensure relief for vulnerable households BeNewz Report Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, chaired the first meeting of the Steering Committee on Inflationary Trends in Pakistan, where food prices and market conditions were reviewed in detail. The Committee, set up last week …
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