Islamabad, February 27, 2026 – Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, on Friday approved the revised features of the “Mera Ghar Mera Aashiana (MGMA)” – Mortgage Financing for Low-Cost Housing Scheme, while chairing a meeting of the Economic Coordination Committee (ECC) of the Cabinet. The committee also sanctioned major infrastructural and development-related grants to support housing, agriculture, and energy sectors.
(more…)Tag: Finance Minister
-

IMF team arrives in Pakistan, formal EFF talks to begin Monday: Aurangzeb
Islamabad, February 25, 2026 – Finance Minister Muhammad Aurangzeb on Wednesday confirmed that a delegation of the International Monetary Fund (IMF) has arrived in Pakistan, with formal talks on the third review of the Extended Fund Facility (EFF) scheduled to commence from Monday.
(more…) -

Aurangzeb, US Commerce Secretary vow to bolster trade ties
Islamabad, February 21, 2026 – A high-level Pakistani delegation led by Finance and Revenue Minister Muhammad Aurangzeb held talks with Howard A. Lutnick, at the US Department of Commerce in Washington, D.C., to strengthen bilateral trade and investment relations.
(more…) -

Finance Minister Aurangzeb announces more SOEs to join privatization list
Islamabad, February 16, 2026 – Finance Minister Muhammad Aurangzeb has confirmed that the government is committed to accelerating the privatization of State-Owned Enterprises (SOEs), stating that additional SOEs will be gradually handed over to the Privatization Commission.
(more…) -

Finance Minister Aurangzeb promises tax Relief for property and construction sectors
Lahore, February 14, 2026 – Federal Finance Minister Senator Muhammad Aurangzeb has assured the government will consider reducing several taxes in the property sector while providing relief to the construction and export-oriented industries.
(more…) -

Finance Minister Aurangzeb reaffirms support for PM’s fan replacement program
Islamabad, February 12, 2026 — Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has reaffirmed the Ministry of Finance’s full commitment to supporting the Prime Minister’s Fan Replacement Program, terming it a key initiative for energy conservation, fiscal responsibility, and climate action.
(more…) -

AI central to Pakistan’s public service and tax reforms: Aurangzeb
Islamabad, February 10, 2026 – Federal Minister for Finance and Revenue Muhammad Aurangzeb on Tuesday said artificial intelligence (AI) is increasingly becoming central to Pakistan’s efforts to improve public service delivery, strengthen revenue administration, and promote evidence-based policymaking.
(more…) -

Pakistan confirms no external financing gap, UAE loan talks and IMF review on track
ISLAMABAD, February 5, 2026: Pakistan’s government has assured there is no external financing gap ahead of the arrival of an International Monetary Fund (IMF) mission later this month for the third review under the ongoing $7 billion Extended Fund Facility (EFF). Finance Minister Muhammad Aurangzeb emphasized that ongoing discussions with the United Arab Emirates (UAE) regarding the rollover of a $3 billion loan are on track.
(more…) -

Exodus of MNCs from Pakistan: Aurangzeb admits high taxes, energy costs
Islamabad: Finance Minister Muhammad Aurangzeb on Wednesday acknowledged that high taxation, elevated energy tariffs and costly financing have prompted some multinational companies (MNCs) to exit Pakistan, while maintaining that overall investor confidence remains stable as new domestic and foreign players continue to enter the market.
(more…) -

ECC approves amendments to vehicle import policy, greenlights multiple fiscal measures
Islamabad, December 9, 2025 – The Economic Coordination Committee (ECC) on Tuesday approved significant amendments to Pakistan’s vehicle import policy, revised margins for oil marketing companies (OMCs) and petroleum dealers, and endorsed a wide array of measures covering energy, trade, and administrative reforms, according to the Finance Division.
(more…)