The inaugural session of the 11th National Finance Commission (NFC) will be held today in Islamabad to formally start negotiations on the horizontal and vertical distribution of divisible federal resources among provinces. Federal Finance Minister Muhammad Aurangzeb will chair the meeting, which will focus on a three-point agenda. The session will include finance ministers from […]
Federal Finance Minister Muhammad Aurangzeb
Finance Minister vows action against flood inflation
Federal Finance Minister Muhammad Aurangzeb has said that the government will show zero tolerance for artificial inflation in flood-hit areas, stressing that profiteering during crisis will not be allowed. During his visit to Kamalia’s flood-affected regions, he assured victims that immediate relief and rehabilitation remain the government’s top priority while strict monitoring measures will control […]
Finance minister: Climate change biggest threat to Pakistan
Federal Finance Minister Muhammad Aurangzeb said Pakistan’s economic direction is on the right track. He spoke at a recent event in Islamabad. The minister highlighted that global financial institutions recognize Pakistan’s economic improvement. Moody’s upgraded Pakistan’s ranking, reflecting positive economic signals like lower interest rates. However, he stressed that financial stability is an ongoing journey, […]
Finance minister pushes for AI and Crypto growth
Federal Finance Minister Muhammad Aurangzeb has urged Pakistan to speed up its adoption of new digital technologies. He highlighted the importance of blockchain, artificial intelligence (AI), cryptocurrency, and Web 3.0 for building a stronger economy. Speaking at a summit in Islamabad, he stressed that the country must not fall behind global trends in technology and […]
Aurangzeb pledges tax reforms, investor boost
Federal Finance Minister Muhammad Aurangzeb has vowed to shut tax loopholes, improve investor confidence, and keep economic reforms on track. Speaking at the Rawalpindi Chamber of Commerce and Industry’s Independence Day event, he highlighted international appreciation for Pakistan’s reform efforts. Recent Gallup surveys, he said, indicate rising economic optimism, alongside a 60% surge in the […]
Sugar exports blamed for worsening shortage in Pakistan
The Competition Commission of Pakistan (CCP) has blamed the country’s recent sugar shortage on the export of the commodity, which it says was allowed based on inaccurate production and stock estimates. During a high-level meeting in Islamabad chaired by Federal Finance Minister Muhammad Aurangzeb, CCP officials revealed that the Sugar Advisory Board’s flawed data misrepresented […]
Finance minister stresses execution of 10-year plan in talks with world bank
Federal Finance Minister Muhammad Aurangzeb met with the World Bank team to boost collaboration and economic development. The meeting included outgoing Country Director Najy Benhassine and incoming Director Bolormaa Amgaabazar. Aurangzeb welcomed Amgaabazar and expressed hope for stronger cooperation under her leadership. He also praised Benhassine for his support and efforts during his tenure. The […]
Pakistan crypto council to hold high-level meeting on digital currency regulations on june 2
The Pakistan Crypto Council will convene a high-level meeting on June 2 to discuss new regulations for digital currencies and cryptocurrencies. Federal Finance Minister Muhammad Aurangzeb will chair the meeting. Bilal Bin Saqib, the CEO of the Pakistan Crypto Council, along with top officials from the State Bank of Pakistan and Securities and Exchange Commission, […]