A special meeting of the federal cabinet has been convened today in Islamabad to approve key budget proposals for the fiscal year 2026-27, with expectations of decisions on salary increases for government employees and finalisation of budget documents ahead of their presentation in Parliament. Prime Minister Shehbaz Sharif will chair the meeting at Parliament House […]
Finance Minister
Punjab to present budget 2026-27 on 16th: finance minister
The Government of Punjab will present its third provincial budget on June 16, and continuing its policy of providing relief to the public, the government will not impose any new taxes in the upcoming budget, as was the case in the previous two budgets. On the directives of Chief Minister Maryam Nawaz Sharif, the budget […]
Pakistan’s economy improving, GDP seen near 4pc: finance minister
Pakistan’s Finance Minister Muhammad Aurangzeb has said the country’s economy is showing signs of recovery, expressing optimism that gross domestic product (GDP) growth could reach around 4 per cent in the current fiscal year. Read More: IMF lowers Pakistan GDP growth forecast to 3.2% Speaking at the EU-Pakistan Business Forum in Islamabad, the minister highlighted improving macroeconomic […]
Pakistan’s current account posts $1.07 billion surplus in March
Adviser to the Finance Minister, Khurram Schehzad, announced that Pakistan has achieved a current account surplus of USD 1.07 billion in March 2026, marking a major milestone for the national economy. This represents the third consecutive monthly surplus of the year, underscoring a significant improvement in the country’s external sector and balance of payments. Schehzad, […]
Aurangzeb held meetings with World Bank officials during Spring Meetings 2026
Pakistan’s Finance Minister Senator Muhammad Aurangzeb held key meetings with senior officials of the World Bank Group during the World Bank–IMF Spring Meetings 2026 in Washington, focusing on economic cooperation and reform priorities. Read More: Finmin discusses reform agenda, social protection with WB’s director In his meeting with Anna Bjerde, Managing Director (Operations) at the […]
Aurangzeb assures pharmaceutical companies sector of policy consistency
Finance Minister Muhammad Aurangzeb on Wednesday assured representatives of multinational pharmaceutical companies of the government’s commitment to maintaining policy consistency and strengthening governance to support the healthcare sector. Read More: Pakistan shifts focus from aid to trade, says Aurangzeb The assurance was given during a meeting with a delegation of the Pharma Bureau, led by its […]
Pakistan Links Economic Stability to Security: Aurangzeb
WASHINGTON — Finance Minister Muhammad Aurangzeb has said that controlling militancy is essential for Pakistan’s financial stability. Speaking at the end of his week-long visit to Washington for the IMF and World Bank meetings, he noted that investors and global lenders repeatedly raised concerns about Pakistan’s security situation and its link to economic recovery. Federal […]
Finance Minister Aurangzeb: Pakistan Not Dictated by IMF
Pakistan’s Finance Minister Muhammad Aurangzeb has rejected suggestions that the International Monetary Fund (IMF) dictates Islamabad’s policy decisions, asserting that the government acts solely in the national interest. Speaking at a press conference in Washington, Aurangzeb said Pakistan’s economic stability is tied to national security, adding that unrest or border tensions directly impact the economy. […]
After $500m settlement, Pakistan vows smooth Eurobond repayment next year
Finance Minister Muhammad Aurangzeb on Thursday said that Pakistan is ‘well-positioned’ to repay a $1.3 billion Eurobond maturing in April next year. The assurance comes as the federal minister highlighted improved macroeconomic stability and a more predictable financing outlook. “We repaid $500 million Eurobond on September 30, a total non-event. We are well-positioned to pay […]
Finmin vows to curtail inflation as floods threaten supply chain
Finance Minister Muhammad Aurangzeb vowed on Sunday that the government would not allow traders to carry out artificial inflation and would take action against hoarding and arbitrage, as experts warn of a looming food supply chain disruptions caused by devastating floods in Pakistan’s Punjab province. Floods in Pakistan’s Punjab, also referred to as the country’s […]