International Monetary Fund (IMF) Managing Director Kristalina Georgieva has praised Pakistan’s progress on economic reforms and noted improvements in macroeconomic stability following a meeting with Finance Minister Muhammad Aurangzeb, according to statements released on the sidelines of the IMF–World Bank Spring Meetings 2026 in Washington. Read More: Finmin highlights reform priorities at Harvard discussion The finance minister […]
Aurangzeb
Govt monitoring petroleum supplies amid Gulf tensions: Aurangzeb
As escalating tensions in the Gulf region continue to rattle global energy markets and disrupt supply chains, Finance Minister Senator Muhammad Aurangzeb on Tuesday assured that the government is closely monitoring the petroleum availability and remains engaged with key stakeholders to prevent potential supply disruptions. The assurance came during a meeting with Robert Jan Siegert, […]
Debt can fuel Pakistan’s growth, says Aurangzeb
Pakistan’s Finance Minister Aurangzeb said debt can boost the economy if used for productive investments. He spoke at the World Economic Forum in Davos on Wednesday. Aurangzeb emphasized fiscal discipline, export-led growth, and climate resilience as key priorities for long-term development. Aurangzeb noted that borrowing should fund projects that generate exportable surplus rather than consumption. […]
Blue economy can unlock $100bn potential for Pakistan, says Aurangzeb
Federal Finance Minister Muhammad Aurangzeb has called the blue economy a “game changer” for Pakistan’s growth. He said the maritime sector could generate $100 billion by 2047 if developed strategically. Speaking virtually at the Pakistan International Maritime Expo and Conference in Karachi, he stressed the need for policy continuity. He noted that the maritime sector […]
Finmin projects 3.5-4% GDP growth despite flood damages
Finance Minister Muhammad Aurangzeb has projected Pakistan’s economic growth between 3.5 and 4 percent for the current fiscal year despite the severe impact of recent monsoon floods that devastated farmland, displaced over four million people, and killed over 900 across the country. In an interview with Bloomberg, the finance minister said the initial assessments showed […]
Finmin arrives in Washington to attend IMF, World Bank plenary meetings
Finance Minister Muhammad Aurangzeb reached Washington on Sunday, where he will attend plenary meetings of the International Monetary Fund (IMF) and World Bank (WB) from Oct 13 to 18. The meetings bring together global finance ministers, central bankers and development leaders, offering Pakistan a crucial platform to secure the next IMF tranche, advance economic reforms, […]
Aurangzeb aims to seal IMF staff-level agreement during Washington visit
Finance Minister Muhammad Aurangzeb said Pakistan has held “very constructive engagement” with the International Monetary Fund (IMF) mission, expressing confidence that the remaining issues are not “showstoppers”. He expressed hope of finalising a staff-level agreement (SLA) early next week during his visit to Washington with the State Bank of Pakistan (SBP) governor and finance secretary. […]
Pakistan’s finance minister confident of current account surplus in FY25
Pakistan’s current account will remain in surplus throughout fiscal year 2024–25, Finance Minister Muhammad Aurangzeb confirmed. He shared this outlook at a pre-budget seminar in Karachi. This statement differs slightly from the more cautious forecast by the State Bank of Pakistan. However, Aurangzeb remains optimistic about the economy’s direction. The Finance Minister projected that the […]
Vicky Kaushal’s ‘Chhaava’ sparks political storm and violence in Nagpur
Vicky Kaushal’s historical film Chhaava has ignited controversy over its portrayal of Aurangzeb, triggering political debates and violent clashes in Nagpur. Maharashtra Deputy Chief Minister Devendra Fadnavis linked the unrest to the film, saying it fueled public anger against the Mughal emperor. Riots erupted after right-wing groups burned Aurangzeb’s effigy and tomb, leading to […]