Aurangzeb rejects GDP controversy, says Pakistan economy reaches $452 billion
Finance minister defends economic statistics, highlights 3.7% GDP growth, record remittances and ongoing tax reforms
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Tag: Finance Minister
ECC Approves Technical Supplementary Grants for NADRA, Passports and Development Projects
Federal cabinet committee sanctions billions in supplementary funding to support public services, security infrastructure, passport operations, and fertilizer supply.
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ECC Approves Wheat Supply to KP, Major Funding for National Projects
Economic Coordination Committee clears key financial allocations, including wheat supply, space initiatives, media campaigns, and security support under FY 2025-26.
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Pakistan Introduces Fixed Tax Scheme to Expand Tax Net for Small Traders
The federal government has unveiled a new fixed tax scheme for small traders and retailers as part of its broader strategy to expand the tax net and increase revenue collection. Finance Minister Muhammad Aurangzeb announced the initiative during a joint press conference with Minister of State for Finance Bilal Azhar Kayani in Islamabad.
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Pakistan, World Bank deepen partnership to boost human capital and jobs
Discussions focus on health, education, skills development and job creation amid push for inclusive growth Pakistan and the World Bank Group have agreed to deepen cooperation on human capital development, skills training and job creation, as the government shifts focus from macroeconomic stabilisation to social sector outcomes, the Finance Division said on Wednesday.
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Govt intensifies crackdown on illicit tobacco trade, Aurangzeb tells PTC
Finance minister says enforcement drive expanded across key sectors as Pakistan targets undocumented economic activity Federal Minister for Finance and Revenue Muhammad Aurangzeb on Monday said the government is intensifying enforcement against illicit and undocumented economic activity, particularly in the tobacco sector, as part of its broader fiscal reform agenda.
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Aurangzeb, UK envoy discuss economic reforms and regional challenges
Finance minister highlights macroeconomic stability, tax reforms and investor confidence during meeting with British High Commissioner Federal Minister for Finance and Revenue Muhammad Aurangzeb on Monday held a meeting with British High Commissioner Jane Marriott to discuss Pakistan–United Kingdom bilateral cooperation, economic reforms and regional developments.
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Pakistan explores tokenization of sovereign debt to modernize capital markets
Finance ministry reviews blockchain-based framework for digital sovereign bonds and investor access expansion Pakistan has begun reviewing the potential tokenization of sovereign debt instruments as part of efforts to modernize capital markets and expand investor participation, according to an official statement on Monday.
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Aurangzeb heads to China for landmark Panda Bond launch
Pakistan to access China’s local capital market for the first time through a planned $1 billion Panda Bond programme. Finance Minister Muhammad Aurangzeb departed for China on Wednesday to attend the launch ceremony of Pakistan’s first-ever Panda Bond issuance in Beijing, in a move aimed at diversifying the country’s financing sources and strengthening its access […]
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Pakistan-US economic cooperation strengthens as Aurangzeb meets Paul Kapur
Aurangzeb and Paul Kapur discuss Pakistan-US economic cooperation Islamabad: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb held a high-level meeting on Thursday with Mr. S. Paul Kapur, Assistant Secretary, Bureau of South and Central Asian Affairs, United States, at the Finance Division. U.S. Chargé d’Affaires Ms. Natalie A. Baker also accompanied the delegation.
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