Aurangzeb Pledges Tax, Energy and SOE Reforms

Aurangzeb reaffirms govt’s commitment to macroeconomic reforms

ISLAMABAD  -  Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb on Tuesday expressed confidence in the collective ability of stakeholders to

Ballooning pension bill necessitated new system: Aurangzeb

ISLAMABAD: Finance Min­ister Muhammad Aur­a­ngzeb said on Tuesday that pension payments have exceeded Rs1 ...

Aurangzeb pledges tax, energy and SOE reforms

Minister for Finance Muhammad Aurangzeb on Tuesday reaffirmed the government's resolve to implement structural reforms to achieve long-term economic growth and stability. Speaking at the "National Workshop on Transitioning to Defined Contribution Pension Schemes", organised by the Securities and Exchange Commission of Pakistan, the minister said that the government was committed to reforming the areas of taxation, energy and state-owned enterpri…

Govt Warns of Rs500 Billion Mini-Budget Without Reforms

The government has warned it may introduce a Rs500 billion mini-budget if parliament blocks legal reforms targeting economic enforcement. Finance Minister Muhammad Aurangzeb made the statement during a post-budget press conference, stressing that enforcement, not more taxes, is the only viable path forward. Ban on Transactions by Ineligible Persons Aurangzeb said enforcement hinges on banning high-value transactions by individuals without suffic…

Pakistan emerged from Balance of Payments crisis: FinMin

ISLAMABAD: Finance Minister Senator Muhammad Aurangzeb on Wednesday said that Pakistan has successfully come out of its balance of payments crisis, ARY News reported. The finance minister passed these remarks in the National Assembly’s Standing Committee on Finance, chaired by Pakistan People’s Party MNA Syed Naveed Qamar. Muhammad Aurnagzaib said that the milestone has enabled the government to reduce duties on raw materials. The finance minist…

Finance Minister backs reforms, urges shift to contribution-based pensions - Global News Pakistan

Islamabad : Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb participated as the Chief Guest at the “National Workshop on Transitioning to Defined Contribution Pension Schemes” organized by the Securities and Exchange Commission of Pakistan (SECP).Minister began by briefing the participants on the recent geopolitical tensions and regional developments, sharing insights from a high-level meeting he chaired yesterday to review t…