Finance Minister Muhammad Aurangzeb has said that there is room to reduce the interest rate, but the final decision rests with the State Bank of Pakistan (SBP). Speaking to media in Karachi, he stated that Pakistan’s economy is now moving towards stability due to the government’s timely and smart decisions. He noted that economic barriers […]
Finance Minister Muhammad Aurangzeb
Aurangzeb calls for population-based NFC allocations
ISLAMABAD – Finance Minister Muhammad Aurangzeb has urged that population size and human development indicators should become key criteria in how financial resources are shared between the federal government and provinces under the National Finance Commission (NFC) Award. He stressed the need to shift focus from traditional economic metrics to long-term, sustainable development. Speaking at […]
Aurangzeb urges swift action on population surge and climate crisis
ISLAMABAD – Finance Minister Muhammad Aurangzeb on Thursday underscored the urgent need to tackle population growth and climate change, calling them two of the biggest threats to Pakistan’s future. Speaking at a World Population Day event hosted by the Ministry of National Health Services, he stressed that unchecked population growth was putting immense pressure on […]
Aurangzeb pledges stronger business ties in meeting with Pakistan business council
Finance Minister Muhammad Aurangzeb has assured the business community of continued collaboration during a meeting with a delegation from the Pakistan Business Council (PBC) in Islamabad on Tuesday. He emphasized the government’s dedication to inclusive and consistent consultation with private sector stakeholders. During the discussion, Aurangzeb stressed the importance of evidence-based policymaking to ensure that […]
PM Shehbaz invites UAE telecom giant to expand investment in Pakistan
Prime Minister Shehbaz Sharif met with a delegation from a leading UAE-based telecom company on Monday in Islamabad. He welcomed the delegation and invited them to explore further investment opportunities in Pakistan’s key economic sectors. The prime minister assured full support and facilities for foreign investors. The meeting included Deputy Prime Minister Ishaq Dar, Finance […]
FFD4: Aurangzeb lobbies world leaders for Pakistan’s future
Finance Minister Muhammad Aurangzeb is actively engaging with global leaders at the Fourth International Conference on Financing for Development (FFD4), currently underway in Seville, Spain. Representing Pakistan, he held several bilateral meetings to build stronger ties with countries and key global institutions. The focus was on boosting development finance, climate resilience, trade partnerships, and institutional […]
Aurangzeb calls for urgent overhaul of global financial system at FfD4
Finance Minister Muhammad Aurangzeb urged world leaders to renew their commitment to development cooperation at the Fourth Financing for Development Conference (FfD4) in Sevilla, Spain. He said global action is urgently needed to meet the goals of the 2030 Agenda for Sustainable Development. While addressing a high-level roundtable, he stressed that revitalizing global development partnerships […]
ECC approves PKR 1.58 billion to honour armed forces’ sacrifices
The Economic Coordination Committee (ECC) of Pakistan has approved a grant amounting to over 1.58 billion Pakistani Rupees (PKR) to cover the salaries, allowances, and other financial obligations of the country’s armed forces. This decision was made during a meeting chaired by Finance Minister Muhammad Aurangzeb. The approved funds will be allocated by the Ministry […]
Govt to present Rs203bn supplementary, excess grants in national assembly today
ISLAMABAD – The federal government is set to seek National Assembly approval for supplementary and excess grant demands totaling Rs203.345 billion for the financial years 2023–24 and 2024–25. Finance Minister Muhammad Aurangzeb will present the proposals in the Lower House today [Friday] for discussion and voice vote approval. For the fiscal year 2024–25, the government […]
Finance bill 2025-26 to be presented today in national assembly for approval
ISLAMABAD – The Finance Bill for the fiscal year 2025-26 will be presented in the National Assembly today by Finance Minister Muhammad Aurangzeb. This important step is crucial for the government to implement its financial plans starting July 1. The National Assembly session is scheduled to begin at 11:00 a.m. with a recitation from the […]