Islamabad – April 29, 2025 — The Federal Government of Pakistan significantly ramped up its current expenditure on key social sectors during the fiscal year 2023-24, with major allocations and actual spending exceeding initial budgets in health, education, and social protection, according to a report released by finance ministry on Tuesday.
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Binance Founder Joins Pakistan Crypto Council as Advisor
Islamabad — In a groundbreaking development for the country’s digital finance landscape, Changpeng Zhao (CZ), the visionary founder of Binance and a global leader in the Web3 revolution, has been officially appointed as Strategic Advisor to the Pakistan Crypto Council (PCC).
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Finance Ministry Schedules Presentation of Budget 2025-26
Islamabad, April 6, 2025 – The Ministry of Finance has officially announced the schedule for the presentation of Pakistan’s budget for the fiscal year 2025-26.
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Finance Ministry Foresees Inflationary Pressures in Coming Months
Islamabad, March 25, 2025 – The finance ministry has projected an increase in inflation over the coming months, attributing it to persistently high core inflation and rising costs in key sectors such as food and energy.
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Govt to Disburse Salary and Pension on March 27, 2025
Islamabad, March 17, 2025 – The federal government has officially announced that salary and pension payments for the month of March 2025 will be disbursed on March 27, ahead of the Eid ul Fitr celebrations.
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Pakistan Crypto Council Launched to Regulate Digital Assets
Islamabad, March 14, 2025 – The finance ministry on Friday officially launched the Pakistan Crypto Council (PCC), marking a pivotal step in the country’s commitment to regulating and integrating blockchain technology and digital assets into its financial ecosystem.
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Pakistan Appoints Advisor to Lead Crypto Council
Islamabad, March 5, 2025 – In a strategic move to formalize its stance on digital assets, Pakistan has appointed Bilal bin Saqib as the Chief Advisor to the Finance Minister for the Pakistan Crypto Council.
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Tax Policy Will Not Limit to Mathematical Calculation: Aurangzeb
Karachi, February 24, 2025 – Finance Minister Muhammad Aurangzeb has emphasized that tax policy formulation should not be confined solely to mathematical calculations but must also consider the broader economic value.
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Government Pays Massive Rs 5.14 Trillion as Mark-Up in 1HFY25
Karachi, February 10, 2025 – The government of Pakistan has disbursed a staggering Rs 5.14 trillion as mark-up on loans acquired from both local and international financial institutions during the first half (July-December) of the ongoing fiscal year 2024-25.
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Pakistan’s Budget Deficit Contracts to 1.2% in First Half of FY25
Karachi, February 8, 2025 – Pakistan has reported a notable reduction in its budget deficit, which contracted to 1.2% of Gross Domestic Product (GDP) in the first half (July-December) of the fiscal year 2024-25. This marks a significant improvement from the 2.3% budget deficit recorded during the corresponding period of the previous fiscal year.
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