Pakistan and Saudi Arabia deepened their economic partnership as Finance Minister Muhammad Aurangzeb met Saudi Minister of Investment Khalid Al-Falih at the World Economic Forum in Davos. Both ministers described the engagement as timely and constructive, signaling strong commitment to expanding bilateral investment and economic cooperation. The talks highlighted ongoing projects and explored ways to […]
muhammad aurangzeb
Finmin discusses energy reforms, investment on Davos sidelines
Global aviation services provider Menzies Aviation has expressed a strong interest in expanding its footprint in Pakistan. The development came during Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, and Hassan El Houry, Chairperson of Menzies Aviation, in Davos on the sidelines of the World Economic Forum Annual Meeting, to discuss opportunities for enhancing […]
Pakistan plans global bond comeback after 4 years
Pakistan is preparing to return to the global bond market after a four-year gap, reflecting progress in economic stabilization. Finance Minister Muhammad Aurangzeb told Bloomberg the government will issue proposals for advisers in the coming weeks. Officials are also planning to launch the country’s first-ever panda bond. Aurangzeb, speaking at the World Economic Forum in […]
Visa confident in Pakistan’s payments ecosystem amid economic stabilisation
Minister for Finance and Revenue Senator Muhammad Aurangzeb on Thursday held a meeting with Visa delegation led by Tareq Muhmood, Regional President for Central Europe, Middle East and Africa (CEMEA) and discussed advancing digital payments, financial inclusion, and ongoing economic reforms. The minister welcomed the delegation and appreciated Visa’s continued engagement with Pakistan’s financial sector. […]
Pakistan set for first Panda Bond as Sino-Pak ties enter new phase
Minister for Finance and Revenue Senator Muhammad Aurangzeb on Tuesday said Pakistan is preparing for its first-ever issuance of a Panda Bond in China’s capital market, calling it a major step in strengthening financial and economic ties between the two countries. In an interview with China Global Television Network (CGTN), the minister said the planned […]
First-ever private-capital-funded Pakistan Skills Impact Bond launched
Minister for Finance and Revenue Senator Muhammad Aurangzeb on Tuesday termed the launch of Pakistan’s first private-capital-funded Pakistan Skills Impact Bond (PSIB) as a major milestone in the country’s economic reforms agenda and human capital development strategy. Addressing a signing ceremony of financing documents under the Pakistan Skills Impact Bond (PSIB), launched by the National […]
Pakistan rises as global freelancing hub
Pakistan has emerged as the third-largest freelancing country in the world, Federal Finance Minister Muhammad Aurangzeb announced on Tuesday. He said the country’s youth represent a major economic force. Aurangzeb emphasized that skill-based training is key to unlocking Pakistan’s demographic dividend and fostering economic growth. Speaking at a ceremony in Islamabad, the minister noted that […]
Finance minister announces Pakistan’s Panda bond debut
Pakistan plans to issue its first-ever Panda bond ahead of the Chinese New Year, Finance Minister Muhammad Aurangzeb said. The bond will be Renminbi-denominated and target China’s domestic investor market. Aurangzeb called it a landmark step in Pakistan’s external financing strategy and economic diversification. The minister explained that the Panda bond will reduce reliance on […]
Economy shifting toward export-led growth, claims finmin
Finance Minister Muhammad Aurangzeb said on Wednesday that Pakistan had reached a critical turning point, with macroeconomic stability, sustained reforms, and policy continuity restoring confidence and steering the economy toward export-led, long-term growth. In an interview with USA Today, the minister said this was opening new horizons for domestic and global investors, and positioning the […]
Finmin reviews key issues with telecom, venture capital firms
Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb on Friday, held a meeting with a delegation comprising telecommunication infrastructure companies (TOWERCO Pakistan) and Venture Capital Firms (VCs) to discuss and review key sectoral issues, with a particular focus on taxation, investment climate, and growth prospects. The visiting delegation represented a broad spectrum of stakeholders, […]