Aaj News

Business & Economy

Pakistan set to issue panda bonds to strengthen finances

Government ‘aims to raise between $200m and $250m from Chinese investors,’ says finance minister

Updated 13 Jan, 2025 02:20pm

Business & Economy

Finance Minister Aurangzeb vows to complete rightsizing of 43 ministries by June-end

Says 150,000 vacant posts to be abolished

Published 07 Jan, 2025 06:42pm

Business & Economy

Finance minister laments lack of funding for research to develop agriculture sector

Muhammad Aurangzeb aims to increase tax-to-GDP ratio from 9% to 13.5%

Published 29 Dec, 2024 06:16pm

Pakistan

Finance Minister Muhammad Aurangzeb not running economy, claims journalist

Shahbaz Rana says Deputy Prime Minister Ishaq Dar running 60% to 70% of economy

Updated 25 Dec, 2024 12:06am

Business & Economy

Transparency from philanthropy to end beneficiaries a must: Aurangzeb

Finance minister says digital solutions must be integrated to ensure efficient systems

Published 10 Dec, 2024 12:15am

Business & Economy

‘Nothing to hide’ in IMF mission’s Pakistan visit: Finance Minister Aurangzeb

Government has dealt with 11 ministries and implementation is under way for privatisation, says Aurangzeb

Updated 17 Nov, 2024 06:26pm

Business & Economy

Government dismisses mini-budget rumors as IMF wraps visit for bailout

Finance Minister Muhammad Aurangzeb says government will meet Rs12,970 tax collection target

Updated 17 Nov, 2024 12:35am

Business & Economy

Pakistan to revamp power distribution following IMF talks

Power sector is grappling with a circular debt that exceeded Rs2.66 trillion

Published 01 Nov, 2024 10:38pm

Business & Economy

Aurangzeb vows no harassment in tax collection, aims for IMF programme conclusion

Minister highlighted positive developments, including a decrease in Pakistan's inflation rate

Updated 27 Oct, 2024 06:24pm

Business & Economy

Pakistan formally seeks $1b from IMF to manage external shocks, says finance minister

Country is also in talks with Asian Infrastructure Investment Bank for a credit enhancement

Updated 25 Oct, 2024 12:21am

Business & Economy

Pakistan aims to privatise PIA, outsource Islamabad airport in Nov: Aurangzeb

Finance minister says five-month delay was down to two factors

Published 24 Oct, 2024 05:00pm

Business & Economy

Pakistan requests additional $2b from IMF to tackle climate change challenges

Pakistan requested an additional $1.5 billion loan from IMF on Sept 27 due to climate issues

Published 21 Oct, 2024 03:49pm

Business & Economy

Finance Minister Aurangzeb to ‘seek financial aid’ for energy projects in US visit

He is scheduled to be in Washington from October 21 to 26 to attend IMF-World Bank meetings

Published 20 Oct, 2024 10:58am

Business & Economy

In meeting with US envoy, Aurangzeb shares Pakistan’s goal of increasing tax-to-GDP ratio to 13.5%

Ambassador Blome reiterates US’ support for strengthening bilateral cooperation

Published 17 Oct, 2024 07:54pm

Business & Economy

IMF agreement won’t have been possible ‘without very active support of China’: Aurangzeb

Finance minister says cooperation with China started way before CPEC

Published 13 Oct, 2024 10:06pm

Business & Economy

Govt urges non-filers, CFOs of wealthy manufacturers to address tax obligations

The Finance Minister pointed to five primary sectors

Published 11 Oct, 2024 09:37am

Business & Economy

Chinese engineers killed in Karachi attack were in debt negotiations: Aurangzeb

Says engineers had committed to creating a 'win-win situation' for both China and Pakistan

Updated 09 Oct, 2024 12:25am

Business & Economy

Aurangzeb announces major restrictions for non filers

He noted that the government plans to implement tax uniformity across all provinces

Published 02 Oct, 2024 09:04am

Pakistan

All provinces signed new NFC Award, says Finance Minister Aurangzeb

Confirms government will not present ‘mini-budget’

Published 02 Oct, 2024 12:51am

Business & Economy

Tax filers surge this fiscal year, says Finance Minister Aurangzeb

Finance minister cites tax returns will be scrutinised for misdeclarations

Updated 30 Sep, 2024 12:04am

Business & Economy

Finance Minister Aurangzeb optimistic about IMF review

IMF’s board is set to convene on September 25 to evaluate the EFF for Pakistan

Updated 24 Sep, 2024 10:01pm

Business & Economy

IMF agreement will be made public on Sept 25: Aurangzeb

Finance minister claims superior deal compared to predecessors with IMF

Updated 14 Sep, 2024 07:34pm

Business & Economy

Plan for new taxes on traders won’t be taken back, says Finance Minister Aurangzeb

Urges wholesalers, distributors and retailers to contribute to economy

Updated 03 Sep, 2024 11:50pm

Business & Economy

Pakistan is making good progress with IMF for board approval, Aurangzeb says

Pakistan and the IMF reached an agreement on the 37-month loan programme in July

Published 21 Aug, 2024 05:04pm

Business & Economy

Reforms must to make EFF last IMF programme

SBP directs manifestations of macroeconomic stability under the leadership of Shahbaz Sharif

Published 01 Aug, 2024 03:52pm

Pakistan

Pakistan to re-profile $27 billion debt from friendly countries for IMF deal

Aurangzeb confirms that request has been made to extend maturity period

Published 29 Jul, 2024 10:22am

Business & Economy

Pakistan initiated talks on reprofiling Chinese power sector debt in Pakistan

Islamabad is looking to appoint local adviser in China for purpose

Published 28 Jul, 2024 05:47pm

Business & Economy

Govt has life-style data of non-filers, Aurangzeb says

Says Pak must maintain strong links with both US and China

Published 28 Jul, 2024 03:49pm

Business & Economy

Finance Minister Aurangzeb in Beijing to seek debt relief, say sources

Both finance, power ministers said last week that they would be discussing power sector reforms in their visit

Published 25 Jul, 2024 07:37pm

Business & Economy

Pakistan is looking for external financing avenues, says finance minister

Aurangzeb says meeting the external financing gap was ‘very manageable and very doable’

Published 19 Jul, 2024 06:54pm