13 h. ago Blue economy can unlock $100bn potential for Pakistan, says Aurangzeb

Federal Finance Minister Muhammad Aurangzeb has called the blue economy a “game changer” for Pakistan’s growth. He said the maritime sector could generate $100 billion by 2047 if developed strategically. Speaking virtually at the Pakistan International Maritime Expo and Conference in Karachi, he stressed the need for policy continuity. He noted that the maritime sector […]

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16 h. ago Finance Minister Aurangzeb says Pakistan’s economy in a ‘good spot’

KARACHI – Finance Minister Muhammad Aurangzeb said on Tuesday that Pakistan’s economy was in a “good spot”, crediting the country’s recent stability to improved macroeconomic indicators and “geopolitical tailwinds”. Speaking virtually at the Pakistan International Maritime Expo and Conference 2025 (PIMEC-25) in Karachi, Aurangzeb said the combination of economic recovery and strong international partnerships had […]

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55 h. ago KP releases Rs3b for Sehat Card, ‘treatment for all’ services fully restored: Aslam

CM’s Advisor on Finance stresses health remains a top priority for PTI govt, noting former CM Gandapur had restored Sehat Card Plus facility Says Rs41b allocated for Sehat Card in current fiscal year against Rs36b last year PESHAWAR: Advisor to KP Chief Minister on Finance and Health Reforms Muzzammil Aslam said on Sunday that Khyber […]

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7 d. ago PM Shehbaz urges Global North–South synergy for climate resilience, shared prosperity

Calls for technology transfer, resource sharing to uplift developing nations, warning loans alone can’t rebuild climate-battered economies Highlights Pakistan’s reforms, youth empowerment, and digital transformation, stresses unity of humanity in tackling global inequality and climate crisis Lauds Saudi Crown Prince’s vision at FII-9 for sustainable development, seeks global dialogue on responsible use of AI RIYADH: […]

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8 d. ago KSA announces $1bn oil facility, $5bn deposit rollover as PM lands in Riyadh

Saudi Arabia has decided to lend a helping hand to Pakistan once again by providing a $1 billion oil facility during the ongoing fiscal year 2025-26, while also rolling over $5 billion in deposits, the Finance Ministry confirmed on Monday. According to finance officials, the $1 billion oil facility is equivalent to around Rs290 billion. […]

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8 d. ago ‘Economic recovery holds firm as IMF review bolsters confidence’

The economic recovery of the country remained on track in the first quarter of FY2026, driven by improved macroeconomic stability, fiscal discipline, and stronger reform momentum under the government’s economic programme, Finance Ministry said on Monday. According to the Monthly Economic Update & Outlook released by the Finance ministry, the recent Staff-Level Agreement with the […]

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8 d. ago Flood aid distribution begins prior to survey completion: Azma

Punjab Minister for Information and Culture Azma Bokhari said that 95% of the flood recovery survey under the Chief Minister’s Flood Rehabilitation Program has been completed. She stated that Chief Minister Maryam Nawaz initiated financial assistance for the flood-affected families without waiting for the survey’s completion, ensuring timely relief for the victims. Azma Bokhari added […]

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8 d. ago Pakistan’s economic recovery gains pace, inflation under control

Pakistan’s economy is showing clear signs of recovery, according to the latest Monthly Economic Update and Outlook Report released by the Ministry of Finance. The report says that the first quarter of the fiscal year 2025–26 saw steady growth, supported by strong policy measures, fiscal discipline, and structural reforms. It highlights that economic activities remained […]

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9 d. ago PAC orders probe into 25irregularity cases from Usman Buzdar era

LAHORE – The Punjab Public Accounts Committee (PAC-III) has ordered a comprehensive investigation into 25 cases of alleged financial irregularities committed during the tenure of former Punjab Chief Minister Usman Buzdar (2018–2022). According to official sources, the directive followed findings from the 2021–22 audit report, which uncovered serious violations in District Health Authorities, including illegal […]

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1 week ago Pakistan establishes Tax Policy to strengthen fiscal framework

. ISLAMABAD – The federal government has launched a Tax Policy Office to modernize and streamline Pakistan’s tax framework. To aligning it with conditions set by the International Monetary Fund (IMF). The Finance Ministry confirmed the key appointments for the office have finalized. He also confirmed work will commence next week on tax policies for […]

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2 w. ago Punjab launches major crackdown on TLP, freezes national and international bank accounts

LAHORE: The Punjab government has intensified its crackdown on Tehreek-e-Labbaik Pakistan (TLP) and its supporters, freezing 95 bank accounts linked to party chief Saad Rizvi and the organisation. Information Minister Azma Bukhari announced that individuals financing the group would face terrorism charges, while authorities have traced an additional 3,800 national and international accounts allegedly used […]

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2 w. ago Finmin says IMF can’t impose conditions against Pakistan’s interests

Finance Minister Muhammad Aurangzeb has said that the International Monetary Fund (IMF) cannot impose any condition that goes against Pakistan’s national interest, stressing that all ongoing economic reforms are guided by the country’s own priorities. “The IMF cannot put any condition that goes against Pakistan’s national interest,” said Aurangzeb while addressing a press conference in […]

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2 w. ago Sindh urges federal govt to fix nationwide wheat support price

The Sindh government has called on the federal government to set a nationwide support price for wheat. Sindh’s Minister for Agriculture, Sardar Muhammad Bux Mahar, stated in his official release that due to IMF conditions, provincial governments cannot announce support prices without federal approval, which has placed farmers under severe financial pressure. The Agriculture Minister […]

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2 w. ago FinMin says IMF can’t impose conditions against Pakistan’s national interest

Finance Minister Aurangzeb terms IMF, World Bank talks in Washington ‘positive and constructive’ Credits reforms under IMF programme for stabilising Pakistan’s economy Says $1.2b tranche expected by December 31 to bolster external reserves, highlights rising US and Chinese investor interest in Pakistan WASHINGTON: Federal Minister for Finance and Revenue Muhammad Aurangzeb has said that the […]

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2 w. ago IMF cannot impose any condition against Pakistan’s interests: FM Aurangzeb

Finance Minister Senator Muhammad Aurangzeb has said that the International Monetary Fund (IMF) cannot impose any condition that violates Pakistan’s

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2 w. ago IMF Cannot Impose Conditions Against Pakistan’s Interests, Says Aurangzeb

WASHINGTON — Finance Minister Muhammad Aurangzeb said on Saturday that the International Monetary Fund (IMF) cannot impose any conditions that go against Pakistan’s national interests. Speaking at the Pakistan Embassy in Washington, Aurangzeb said that all IMF-backed reforms were consistent with Pakistan’s economic priorities and had helped stabilise the national economy. “Please name any IMF-suggested […]

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2 w. ago Pakistan seeks more World Bank funds, eyes global investment boost

Pakistan has requested more financial support from the World Bank through its International Development Association (IDA) programs. Finance Minister Muhammad Aurangzeb made the appeal during a meeting with World Bank President Ajay Banga in Washington. He also highlighted the urgent need for reforms in Pakistan’s power and gas sectors to ensure efficiency and long-term sustainability. […]

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2 w. ago World Bank Showcases Pakistan’s FBR as Global Model for Public Sector Reform

ISLAMABAD – The World Bank has invited Pakistan’s Federal Board of Revenue (FBR) to present its transformation journey as a global case study in public sector reform during the Annual Meetings held in Washington, D.C. Federal Finance Minister Muhammad Aurangzeb, FBR Chairman Rashid Mahmood Langrial, and other senior officials attended the event. The Finance Minister […]

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2 w. ago Three more AJK ministers quit as PM urged to step down over ‘failure to defend refugees’ rights’

Finance, food, and sports ministers tender resignations amid rift over JAAC accord Two ministers publicly demand PM’s resignation, term deal ‘unconstitutional’ and arguing refugee seats reflect historic sacrifices since 1947 Wave of cabinet resignations deepens AJK political turmoil after violent protests, JAAC accord slammed as ‘morally indefensible and reached under pressure’ MUZAFFARABAD/ISLAMABAD: Political turmoil deepened […]

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2 w. ago Pakistan showcases FBR’s tax transformation as global case study

The World Bank invited Federal Board of Revenue (FBR) to showcase its successful transformation efforts as a global case study in public sector reform during the World Bank Annual Meeting held in Washington, DC. Federal Minister for Finance and Revenue Muhammad Aurangzeb, Chairman FBR Rashid Mahmood Langrial, Secretary Finance, Secretary Economic Affairs Division and other […]

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