Aurangzeb reveals Pakistan’s plan to launch $200 million Panda Bond by June Blogging Sole

Aurangzeb reveals Pakistan’s plan to launch 0 million Panda Bond by June

 Blogging Sole

Finance Minister Muhammad Aurangzeb during an interview Finance Minister Muhammad Aurangzeb said the government intends to launch Panda Bond by June this year to strengthen the country’s presence in China’s capital markets. “Pakistan plans to raise around $200 million from Chinese investors through the issuance of the Panda Bond,” the finance minister said in an … 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

 Blogging Sole

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

Pakistan’s debt-to-GDP ratio falls to lowest level since June 2018 Blogging Sole

Pakistan’s debt-to-GDP ratio falls to lowest level since June 2018

 Blogging Sole

A worker bends over as he carries bundles of textile fabrics on his back to deliver them to a nearby store at a market in Karachi June 24, 2022. — Reuters The government’s domestic debt stood at Rs47,536tr in the first quarter of FY25. External debt increases to Rs22,034tr during the July-September period. The total … Read more