Finance Minister Muhammad Aurangzeb has announced that the government is moving towards reducing its expenditures. He stated that 60% of vacant positions in federal ministries and departments, which had not yet been filled, have been eliminated. This equates to approximately 150,000 positions that will no longer be filled. While addressing …
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Finance Minister Muhammad Aurangzeb has announced that no complaints have been received regarding the opening of Letters of Credit (LCs), and no foreign company has been hindered from repatriating its profits. He emphasized that these factors indicate there is no pressure on the currency. Speaking during a briefing to the …
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Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, chaired a meeting of the Economic Coordination Committee (ECC) of the Cabinet, said an official statement of the Ministry of Finance on Wednesday. The ECC deliberated on a detailed agenda and made the decisions on summaries submitted by the Cabinet Division. …
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BYD–a Chinese Electric Vehicle (EV)–launches its brand in Pakistan. Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb also attended the BYD Brand Launching in Pakistan. — BYD, a global frontrunner in electric vehicles and renewable energy solutions, made a significant entry into the Pakistani market today, promising a new …
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