Ad-hoc Relief Allowances 2023 and 2024 will remain frozen, while new federal employees will receive them on a notional basis.
(more…)Tag: Finance Minister
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Aurangzeb meets US Treasury Secretary to strengthen economic cooperation
Finance minister seeks greater U.S. support for Pakistan’s export-led growth, investment and access to international capital markets
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Pakistan seeks faster DFC support for energy, IT and infrastructure projects
Finance Minister Muhammad Aurangzeb invites U.S. development finance team to identify bankable investment opportunities in Pakistan
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Aurangzeb highlights UK Pakistani diaspora role in investment and remittances
Finance minister says British Pakistanis remain a vital bridge for remittances, Roshan Digital Accounts, investment and broader economic cooperation.
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Aurangzeb announces SME Finance Task Force to boost lending
Finance minister says SBP-led task force will expand SME financing and strengthen private sector credit to support sustainable economic growth.
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Aurangzeb begins early Budget 2027 consultations with Business Council
Finance minister says policy consistency, tax reforms and export-led growth remain central to Pakistan’s economic strategy during meeting with Pakistan Business Council.
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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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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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