Finance Minister Muhammad Aurangzeb has emphasized that industrialists and traders play a vital role in the country’s development, asserting that the ultimate goal is to benefit the common man. He stated that once Pakistan achieves self-sustainability, the current loan program from the International Monetary Fund (IMF) will be the last. …
Read More »ECC approves several TSGs for ongoing projects
The Economic Coordination Committee (ECC) of the Cabinet met on Monday under the chairmanship of Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, said an official release of the Finance Ministry. During the meeting, the ECC reviewed and approved several Technical Supplementary Grants (TSGs) for ongoing projects and initiatives …
Read More »From stability to sustainability: Aurangzeb charts bold economic path forward
Federal Finance Minister Muhammad Aurangzeb, during a press conference in Islamabad, stated that the IMF delegation visiting Pakistan will not engage in discussions regarding the budget. He emphasized that a significant reduction in the interest rate has already taken place, and in his view, there is still room for further …
Read More »ECC reviews Reko-Diq adjustments amid rising costs & expanded scope
The Economic Coordination Committee (ECC) of the Cabinet met today with Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, chairing it virtually from China where he is attending the Boao Forum for Asia 2025, says an official statement of the Finance Ministry on Tuesday. The meeting was attended by …
Read More »PCC holds maiden meeting
The inaugural meeting of the Pakistan Crypto Council (PCC) was held today under the chairmanship of Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, said an official statement of the Finance Ministry. The meeting was attended by key figures, including the CEO of the PCC, Bilal Bin Saqib, the …
Read More »Pakistan, World Bank discuss $20bn growth and fiscal reforms plan
In a significant follow-up meeting held at the Ministry of Finance, Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, along with his team at the Finance Division, engaged with the World Bank team to discuss Pakistan’s national growth and fiscal program. The discussions took place as part of the …
Read More »Pakistan Crypto Council officially launched
The Pakistan Crypto Council (PCC) has officially been launched, marking a significant step in the country’s efforts to regulate and integrate blockchain technology and digital assets into its financial landscape. The council is set to play a pivotal role in formulating policies, fostering innovation, and ensuring a secure and forward-thinking …
Read More »No sugar smuggling, only legal exports to Afghanistan
Federal Minister for Finance, Muhammad Aurangzeb, has asserted that sugar is no longer being smuggled across the border; instead, it is now being legally exported to Afghanistan. Addressing a press conference in Islamabad, the finance minister elaborated on the steps taken to regulate the sugar industry. He stated that the …
Read More »Finance Minister reaffirms commitment to insurance sector growth
Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, has reaffirmed the government’s commitment to supporting the insurance sector, recognizing its potential for significant private sector investment. He emphasized the need to diversify beyond the banking sector for lending purposes, urging the insurance industry to step up and meet the …
Read More »Govt vows to resolve taxation, energy & financing Issues for textile
Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, has reaffirmed the government’s unwavering commitment to resolving key challenges related to taxation, energy, and financing to ensure the long-term sustainability and growth of Pakistan’s industrial sector. He made this statement during a meeting held today at the Finance Division with …
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