Islamabad: The Minister of Finance, Senator Mohamed Uranzib, said on Wednesday that Pakistan aims to move from receiving aid to attracting investment and technical cooperation from China. In an interview with CGTN URDU during the Boao Forum for ASIA 2025 in China, Aurangzeb emphasized agriculture, artificial intelligence and technology as major sectors where Chinese investments … Read more
IslamabadFinance Minister Mohamed Uranzib expressed his confidence that Pakistan is about to finish an agreement with the International Monetary Fund (the International Monetary Fund). He stated that the talks are in the final stages, with no significant obstacles. In a media briefing on Friday, Aurangzeb stressed that Pakistan is advancing well towards achieving the economic … Read more
IslamabadFinance Minister Mohamed Uranzib announced on Wednesday that the tax policy office (TPO) will work fully within a few days, a step aimed at helping taxpayers, industrialists and the business community. The Minister participated in this update during a meeting with the Chamber of Commerce and Industry (SCCI), as stated by the press release of … Read more
Islamabad: Finance Minister Mohamed Uranzib revealed plans to provide financial relief to the salary class in the next budget, as he faced continuous financial challenges while supporting economic growth. Speaking to the media in Lahore on Sunday, Aurangzeb highlighted many positive economic indicators, including the number of transfers to 35 million and an increase in … Read more
During a high-level discussion at the World Economic Forum on global debt challenges faced by developing economies, Finance Minister Muhammad Aurangzeb emphasized Pakistan’s commitment to sustainable development. Aurangzeb highlighted efforts to reduce government expenditures and debt servicing, noting that the debt-to-GDP ratio had fallen from 78% to 67%. “Pakistan aims to address rising population, poverty … Read more
Islamabad: Finance Minister Muhammad Aurangzeb categorically denied any proposal to reduce the retirement age for government employees to 55 years. Addressing the Senate Standing Committee on Finance on Wednesday, he dismissed the idea as baseless and made clear that no such plan was under consideration. The committee meeting, chaired by Senator Salim Mandviwala, included a … Read more
Baku: At the Twenty-Ninth Conference of the Parties (COP29) in Baku, Federal Minister of Finance Muhammad Aurangzeb stressed the need for innovative climate solutions to help vulnerable communities, especially those least responsible for global emissions and most affected by climate change. Speaking at the Climate Action Fund for Pakistan event organized by Acumen at the … Read more
Finance Minister Muhammad Aurangzeb addresses a press conference a day after the release of the country’s annual federal budget for the fiscal year 2024-25 in Islamabad on June 13, 2024. — AFP “We are very keen to join BRICS,” says Muhammad Aurangzeb. Finance czar says Islamabad wants to join trade organisations. Financing climate change resilience … Read more
Pictured is Finance Minister Muhammad Aurangzeb during his meeting with US Assistant Secretary of State for Energy Resources Jeffrey Pyatt on the sidelines of the annual meetings of the International Monetary Fund and World Bank on October 25, 2024. — X@Financegovpk The Minister of Finance emphasizes the challenges of the energy sector. Expresses hope for … Read more
Finance Minister Senator Muhammad Aurangzeb (L) and FBR Chairman Rashid Mehmood Langriyal address a press conference to summarize the FBR study regarding sales tax evasion in Islamabad on October 10, 2024. – PID Aurangzeb says most entities claim excess input tax. Sharing FBR findings on massive malpractices in 5 sectors. Finance czar warns tax evaders … Read more