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Business & Economy Published 01 Nov, 2024 10:38pm

Pakistan to revamp power distribution following IMF talks

Power sector is grappling with a circular debt that exceeded Rs2.66 trillion

Business & Economy Updated 27 Oct, 2024 06:24pm

Aurangzeb vows no harassment in tax collection, aims for IMF programme conclusion

Minister highlighted positive developments, including a decrease in Pakistan's inflation rate

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 21 Oct, 2024 03:49pm

Pakistan requests additional $2b from IMF to tackle climate change challenges

Pakistan requested an additional $1.5 billion loan from IMF on Sept 27 due to climate issues

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 13 Oct, 2024 10:06pm

IMF agreement won’t have been possible ‘without very active support of China’: Aurangzeb

Finance minister says cooperation with China started way before CPEC

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

Business & Economy Published 02 Oct, 2024 09:04am

Aurangzeb announces major restrictions for non filers

He noted that the government plans to implement tax uniformity across all provinces

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 30 Sep, 2024 12:04am

Tax filers surge this fiscal year, says Finance Minister Aurangzeb

Finance minister cites tax returns will be scrutinised for misdeclarations

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 21 Aug, 2024 05:04pm

Pakistan is making good progress with IMF for board approval, Aurangzeb says

Pakistan and the IMF reached an agreement on the 37-month loan programme in July

Business & Economy Published 01 Aug, 2024 03:52pm

Reforms must to make EFF last IMF programme

SBP directs manifestations of macroeconomic stability under the leadership of Shahbaz Sharif

Pakistan Published 29 Jul, 2024 10:22am

Pakistan to re-profile $27 billion debt from friendly countries for IMF deal

Aurangzeb confirms that request has been made to extend maturity period

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 28 Jul, 2024 03:49pm

Govt has life-style data of non-filers, Aurangzeb says

Says Pak must maintain strong links with both US and China

Business & Economy Published 25 Jul, 2024 07:37pm

Finance Minister Aurangzeb in Beijing to seek debt relief, say sources

Both finance, power ministers said last week that they would be discussing power sector reforms in their visit

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’

Pakistan Published 11 Jul, 2024 04:44pm

Aurangzeb confident of economic prospects, says army needs to change service structure

The Minister emphasized the need to increase the tax-to-GDP ratio

Pakistan Updated 08 Jul, 2024 05:12pm

Pakistan’s reliance on IMF to continue unless it boosts tax collection, warns Aurangzeb

The budget aims to raise Rs13 trillion ($46.6 billion) in tax revenues

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 Updated 03 Jul, 2024 09:09pm

No option but to tax agriculture and property: Aurangzeb

Says 60% of govt's budget goes to province

▶️ Pakistan Updated 02 Jul, 2024 11:22pm

What does Pakistan need to take on sacred cows?

Former finance minister says everyone is a sacred cow in country

▶️ Pakistan Updated 02 Jul, 2024 12:23am

Aurangzeb promises relief for salaried class, says rupee to remain stable

Says Pakistan hopes to get staff-level agreement this month

Business & Economy Updated 30 Jun, 2024 08:17pm

Federal government aims to end non-filer category, says Aurangzeb

Cites improvement in inflation, tax collection figures