Pakistan grants $1 billion loan to two Middle East banks: FinMin Aurangzeb Blogging Sole

Pakistan grants  billion loan to two Middle East banks: FinMin Aurangzeb

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Finance Minister Muhammad Aurangzeb speaks during an interview with Reuters at his office in Islamabad, Pakistan, July 19, 2024. — Reuters/File Pakistan signs term sheets, one bilateral, one for trade: FinMin. The first evaluation of the EFF is scheduled for the end of February, says Aurangzeb. The minister invites global players to invest in priority … Read more

Pakistan explores more joint ventures, secondary listings in Hong Kong: FinMin Aurangzeb Blogging Sole

Pakistan explores more joint ventures, secondary listings in Hong Kong: FinMin Aurangzeb

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Finance Minister Muhammad Aurangzeb speaks during an interview during the G20 Finance Ministers and Central Bank Governors meeting in Washington, the United States, April 18, 2024. — Reuters We would like to opt for the first sovereign Panda Bond: Aurangzeb. Moved aimed at integrating its capital markets with that of China. The minister will begin … Read more

Pakistan to launch yuan-denominated bonds (FinMin) this year Blogging Sole

Pakistan to launch yuan-denominated bonds (FinMin) this year

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Finance Minister Muhammad Aurangzeb speaks during an interview on the sidelines of the Asian Financial Forum in Hong Kong on January 13, 2025. — Screenshot via YouTube@markets Consider raising $200-250 million from Chinese investors: minister. China International Capital Corporation advises on Panda bonds. Growing countries taxis/GDP ratio at 13.5%, he said. HONG KONG: Amid the … Read more

FinMin announces the elimination of 150,000 vacant positions and the resizing of 42 ministries should be completed by the end of June Blogging Sole

FinMin announces the elimination of 150,000 vacant positions and the resizing of 42 ministries should be completed by the end of June

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Finance Minister Muhammad Aurangzeb speaking at a press conference in Islamabad on Tuesday, January 7, 2025. — YouTube/Geo News screenshot 60% of vacant regular positions eliminated, declares the Minister of Finance. Aurangzeb’s wish committee will reduce 80 institutions to 40. He says they are trying to cut public spending by 900 billion rupees. ISLAMABAD: Finance … Read more

FinMin excludes the use of “growth accelerators” to avoid external pressures Blogging Sole

FinMin excludes the use of “growth accelerators” to avoid external pressures

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Finance Minister Muhammad Aurangzeb speaks during an interview in his office in Islamabad on July 19, 2024. — Reuters ISLAMABAD: Forecasting a strong current account surplus this year, Finance Minister Mohammad Aurangzeb on Monday ruled out any desperate measures that risked undue external pressure, thereby preserving hard-won economic gains. “Three years ago, the government stepped … Read more

FinMin urges all stakeholders to unite for lasting economic stability Blogging Sole

FinMin urges all stakeholders to unite for lasting economic stability

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Finance Minister Muhammad Aurangzeb addresses farmers and other stakeholders in Kamalia town, Punjab on December 29, 2024. — Screenshot via Geo News Lower interest rates to boost economic growth by 2025. Private sector involvement proposed for loss-making institutions. The minister promises tax reform and commits to fighting tax evasion. Finance Minister Muhammad Aurangzeb has urged … Read more

Remittances expected to exceed $35 billion this fiscal year: FinMin Aurangzeb Blogging Sole

Remittances expected to exceed  billion this fiscal year: FinMin Aurangzeb

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Finance Minister Muhammad Aurangzeb addresses a press conference in this undated image. – APPLICATION FinMin attributes a positive projection to the government’s economic policies. Aurangzeb emphasizes the role of the private sector in the economy. The minister discusses the economic losses of the last 6 years amounting to Rs6 tr. KARACHI: Finance Minister Muhammad Aurangzeb … Read more

FinMin Aurangzeb reaffirms commitment to IMF program Blogging Sole

FinMin Aurangzeb reaffirms commitment to IMF program

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Finance Minister Muhammad Aurangzeb addresses a press conference in Islamabad on June 13, 2024. — AFP Strengthening economic stability remains a top priority. Housing and the private sector identified as a key economic driver. The government is committed to politically supporting private companies. ISLAMABAD: Finance Minister Mohammad Aurangzeb has reiterated the government’s commitment to fulfilling … Read more

Protest politics bleed a staggering 190 billion rupees daily: FinMin Blogging Sole

Protest politics bleed a staggering 190 billion rupees daily: FinMin

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Finance Minister Muhammad Aurangzeb speaks during an interview with Reuters at his office in Islamabad, July 19, 2024. — Reuters PTI marches towards Islamabad to stage protest. “Tax revenues are decreasing due to confinement and protests.” The industrial sector faces a loss of Rs20 billion in the provinces: FinMin. Pakistan is suffering a huge loss … Read more