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▶️ Business & Economy Published 07 Jan, 2025 06:42pm

Finance Minister Aurangzeb vows to complete rightsizing of 43 ministries by June-end

Says 150,000 vacant posts to be abolished

▶️ Business & Economy Published 29 Dec, 2024 06:16pm

Finance minister laments lack of funding for research to develop agriculture sector

Muhammad Aurangzeb aims to increase tax-to-GDP ratio from 9% to 13.5%

Business & Economy Published 10 Dec, 2024 12:15am

Transparency from philanthropy to end beneficiaries a must: Aurangzeb

Finance minister says digital solutions must be integrated to ensure efficient systems

Pakistan Published 25 Nov, 2024 09:15am

Aurangzeb says daily economic losses worth Rs190 bn due to protests

Aurangzeb highlights that lockdowns, protests are contributing to a decline in tax revenues

▶️ Business & Economy Updated 17 Nov, 2024 06:26pm

‘Nothing to hide’ in IMF mission’s Pakistan visit: Finance Minister Aurangzeb

Government has dealt with 11 ministries and implementation is under way for privatisation, says Aurangzeb

Business & Economy Updated 17 Nov, 2024 12:35am

Government dismisses mini-budget rumors as IMF wraps visit for bailout

Finance Minister Muhammad Aurangzeb says government will meet Rs12,970 tax collection target

Business & Economy Updated 25 Oct, 2024 12:21am

Pakistan formally seeks $1b from IMF to manage external shocks, says finance minister

Country is also in talks with Asian Infrastructure Investment Bank for a credit enhancement

Business & Economy Published 24 Oct, 2024 05:00pm

Pakistan aims to privatise PIA, outsource Islamabad airport in Nov: Aurangzeb

Finance minister says five-month delay was down to two factors

Business & Economy Published 20 Oct, 2024 10:58am

Finance Minister Aurangzeb to ‘seek financial aid’ for energy projects in US visit

He is scheduled to be in Washington from October 21 to 26 to attend IMF-World Bank meetings

Business & Economy Published 17 Oct, 2024 07:54pm

In meeting with US envoy, Aurangzeb shares Pakistan’s goal of increasing tax-to-GDP ratio to 13.5%

Ambassador Blome reiterates US’ support for strengthening bilateral cooperation

Business & Economy Published 11 Oct, 2024 09:37am

Govt urges non-filers, CFOs of wealthy manufacturers to address tax obligations

The Finance Minister pointed to five primary sectors

▶️ Business & Economy Updated 09 Oct, 2024 12:25am

Chinese engineers killed in Karachi attack were in debt negotiations: Aurangzeb

Says engineers had committed to creating a 'win-win situation' for both China and Pakistan

Pakistan Published 02 Oct, 2024 12:51am

All provinces signed new NFC Award, says Finance Minister Aurangzeb

Confirms government will not present ‘mini-budget’

Business & Economy Updated 24 Sep, 2024 10:01pm

Finance Minister Aurangzeb optimistic about IMF review

IMF’s board is set to convene on September 25 to evaluate the EFF for Pakistan

Business & Economy Updated 14 Sep, 2024 07:34pm

IMF agreement will be made public on Sept 25: Aurangzeb

Finance minister claims superior deal compared to predecessors with IMF

Business & Economy Updated 03 Sep, 2024 11:50pm

Plan for new taxes on traders won’t be taken back, says Finance Minister Aurangzeb

Urges wholesalers, distributors and retailers to contribute to economy

Business & Economy Published 28 Jul, 2024 05:47pm

Pakistan initiated talks on reprofiling Chinese power sector debt in Pakistan

Islamabad is looking to appoint local adviser in China for purpose

Business & Economy Published 19 Jul, 2024 06:54pm

Pakistan is looking for external financing avenues, says finance minister

Aurangzeb says meeting the external financing gap was ‘very manageable and very doable’

Business & Economy Published 06 Jul, 2024 11:53pm

Govt will look into traders concerns over budget, says Aurangzeb

Finance minister cites domestic investors are as important as foreign investors

Pakistan Published 28 Jun, 2024 06:35pm

Govt retains tax exemptions for school books, printing stuff, FATA, PATA

Pakistan also retained tax exemptions for cardiology surgery, stents

Business & Economy Updated 25 Jun, 2024 08:21pm

Stationery items will remain exempted from tax, says Aurangzeb

Finance minister cites pension expenditures will be brought down through pension reforms in future

Business & Economy Updated 12 May, 2024 03:38pm

‘No turning back’: Finance Minister Aurangzeb vows to broaden tax base

‘We [I and Dar Sb] are absolutely on the same wavelength that there is no such thing as strategic SOE’

Pakistan Updated 07 May, 2024 03:45pm

Pakistan mulls raising retirement age to control pension expenses

Law, information ministers say decision will be applicable be across the board

Business & Economy Published 04 May, 2024 12:58pm

Telcos refuse to block millions of SIMs amid tax crackdown

Federal govt may take action over non-compliance, reports says

Business & Economy Updated 28 Apr, 2024 10:27pm

Pakistan signs agreement with McKinsey to digitise FBR

Finance Minister Muhammad Aurangzeb calls for reimagining economy

Business & Economy Updated 23 Apr, 2024 12:13am

No more tax amnesty schemes, says Finance Minister Aurangzeb

Cites PIA privatisation process will complete by July

Business & Economy Published 19 Apr, 2024 04:59pm

Pakistan aims to agree outline of new IMF loan in May, says finance czar

Declines to outline what size programme government hoped to secure

Business & Economy Published 29 Mar, 2024 12:57pm

Finance Minister: Pakistan to seek extended IMF program by June

Aurangzeb says IMF conditions favoured Pakistan's economic recovery

Business & Economy Published 22 Mar, 2024 06:44pm

Pakistan to discuss Extended Fund Facility with IMF in April, says finance czar

Pakistan plans to sell as much as $300 million in panda bonds this year

Pakistan Published 11 Mar, 2024 10:43pm

Muhammad Aurangzeb’s application for seeking Pakistan’s citizenship accepted

Federal cabinet accepts interior ministry recommendation