Aftab Maken ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Thursday approved the immediate release of Rs 19 billion for the Prime Minister’s Ramzan Relief Package (PMRRP) 2026 to ensure the prompt commencement of disbursements ahead of the holy month. The meeting was chaired remotely by Federal Minister …
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BeNewz Report ISLAMABAD: Pakistan has secured two prestigious international honors at the IFN Deals of the Year Awards 2025, with its landmark US$1 billion syndicated financing transaction receiving global recognition in the Islamic finance industry. According to a statement issued by the Ministry of Finance, the transaction has been awarded …
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BeNewz Report ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved a series of important economic, fiscal and sectoral decisions aimed at ensuring macroeconomic stability, protecting consumers, strengthening social protection systems, and addressing critical operational needs of public sector entities. The meeting, held at the Finance Division …
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Aftab Maken ISLAMABAD: The Economic Coordination Committee, chaired by Finance Minister Senator Muhammad Aurangzeb, reviewed inflation trends and approved key financial and development measures for FY 2025-26. The committee was briefed that Pakistan’s overall inflation has shown marked improvement in the current fiscal year, reflecting enhanced price stability and effective …
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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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