Tag: Muhammad Aurangzeb
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Finance Minister unveils economic plan to slash expenditures and boost revenues
Federal Finance Minister Senator Muhammad Aurangzeb reiterated the government’s dedication to reducing expenditures and boosting revenues in a bid to fortify Pakistan’s economy sustainably.
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Govt plans to increase retirement age to reduce pension spending
Finance Minister Muhammad Aurangzeb has announced that the government is set to introduce pension reforms as part of a broader strategy to implement structural changes ahead of signing a new agreement with the International Monetary Fund (IMF).
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Pakistan’s forex reserves expected to reach $9-10 billion by year-end
The Federal Minister for Finance and Revenue, Muhammad Aurangzeb, said on Tuesday that Pakistan’s foreign exchange reserves held by the State Bank of Pakistan (SBP) are expected to close the fiscal year at around $9-10 billion mark.
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Finance Minister Muhammad Aurangzeb will meet with IMF on April 14–15
Minister for Finance and Revenue Muhammad Aurangzeb announced on Friday that a government delegation will meet with the International Monetary Fund (IMF) in Washington DC on April 14 and 15. Talking to the media during his visit to the Pakistan Stock Exchange (PSX), the Minister said that the features of a new programme will be…
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IMF mission holds crucial talks with FinMin Aurangzeb on $3 billion SBA
In a pivotal meeting held on Thursday, Pakistan’s Finance Minister, Muhammad Aurangzeb, engaged in discussions regarding structural reforms and the viability of the energy sector with the visiting International Monetary Fund (IMF) mission.
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Pakistan seeks global assistance to overhaul tax system amidst significant drop in active taxpayers
In a significant development, the count of active taxpayers has dwindled to 3.4 million, marking a 41 per cent decrease from the previous year. The government is contemplating seeking financial support from the Bill and Melinda Gates Foundation to enhance digital services within the Federal Board of Revenue (FBR).
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Pakistan’s next Finance Minister: Who is Muhammad Aurangzeb?
In a significant development, sources have revealed that Muhammad Aurangzeb, a distinguished banker, is poised to become the country’s next finance minister under the newly-elected Prime Minister Shehbaz Sharif. This comes as part of the impending formation of the federal cabinet.