FM Muhammad Aurangzeb Archives

The govt’s commitment to implementing its reform agenda. FM Aurangzeb The only way this goal could be successfully achieved was by changing the DNA of the economy. Meeting with ADB.

On: October 10, 2024

Tagged: Changing the DNA, FM Muhammad Aurangzeb, Reform agenda, Thanks ADB

Finance Minister Muhammad Aurangzeb reaffirms the govt’s commitment to implementing its reform agenda Thanks ADB for its continued support to Pakistan’s development agenda & its assistance provided in key sectors ISLAMABAD ( WEB NEWS ) Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has reaffirmed the government’s commitment toRead More →

IMF Stand-By Agreement has been successfully completed. FM Aurangzeb The country’s economy is on a positive trajectory, with an increase in foreign exchange reserves and a reduction in inflation.

On: September 30, 2024

In: Breaking News

Tagged: 29% increase in exports, FM Muhammad Aurangzeb, IMF programme Pakistan’s last, Macroeconomic stability

IMF Stand-By Agreement has been successfully completed. FM Aurangzeb ISLAMABAD ( WEB NEWS ) Federal Minister for Finance, Muhammad Aurangzeb has announced that the current International Monetary Fund (IMF) programme will be Pakistan’s last. Macroeconomic stability is not a destination but a pathway, emphasizing that the IMF Stand-By Agreement hasRead More →

All matters with the IMF have been resolved smoothly: FM Muhammad Aurangzeb The board meeting on September 25 to discuss the approval of $7 billion EFF agreement reached with Pakistan

On: September 13, 2024

In: Breaking News

Tagged: FM Muhammad Aurangzeb, IMF Agreement Pakistan, IMF board meeting, IMF’s spokesperson

All matters with the IMF have been resolved smoothly: Finance Minister Muhammad Aurangzeb Says these matters will be finalized at the IMF board meeting during this month ISLAMABAD ( WEB NEWS ) Minister for Finance and Revenue Senator Muhammad Aurangzeb says Pakistan is moving towards development after achieving economic stabilization.Read More →

43 percent economic sectors contribute less than one percent tax. FM M. Aurangzeb Pakistan’s tax collection body generated $5.2 billion in July-August, falling short of its $5.6 billion target

On: September 4, 2024

In: Breaking News

Tagged: 43% economic sectors, FM Muhammad Aurangzeb, Short fall $5.6 billion, Tax generated $5.2 billion

43 percent economic sectors contribute less than one percent tax Muhammad Aurangzeb urges wholesalers, distributors and retailers to improve their tax contributions Pakistan’s tax collection body generated $5.2 billion in July-August, falling short of its $5.6 billion target ISLAMABAD ( WEB NEWS ) Federal Minister for Finance and Revenue MuhammadRead More →

FM appreciated the FBR efforts for maximising revenue and broadening the tax base. Minister Muhammad Aurangzeb discussed the integrating RAAST and NADRA to further improve efficiency.

On: August 13, 2024

In: Breaking News

Tagged: Broadening tax base, FBR persistent efforts, FM Muhammad Aurangzeb, Maximising revenue

Muhammad Aurangzeb appreciate the PepsiCo’s seed lab initiative & its impact in driving agricultural & overall economic growth Appreciate the FBR Team’s persistent efforts for maximising revenue & broadening the tax base for sustained economic development ISLAMABAD ( WEB NEWS ) Federal Minister for Finance and Revenue Senator Muhammad AurangzebRead More →

Retailers will be taxed, every sector will have to contribute to the tax net, F. Minister Things which have not been done for 75 years, we are now forced to do, talks with Karachi Chamber Members

On: July 30, 2024

In: Breaking News

Tagged: FM Muhammad Aurangzeb, IT sector exported 3.2 $ b, Karachi Chamber, Nothing from 75 Years, Retailers will be taxed

Retailers will be taxed, every sector will have to contribute to the tax net, Finance Minister Every effort has been made, for the first time, the IT sector exported 3.2 billion dollars. Things which have not been done for 75 years, we are now forced to do, talks with membersRead More →

Pakistan adds 150,000 retailers to tax net, 30% revenue boost

On: July 24, 2024

In: Breaking News

Tagged: 150000 retailers to tax net, FM Muhammad Aurangzeb, Meeting with Moody’s, Reforms in energy sector

Pakistan adds 150,000 retailers to tax net, sees 30 percent revenue boost in last fiscal year. Finance Minister Muhammad Aurangzeb had a Zoom meeting with representatives of a global credit rating agency, Moody’s, The finance minister shares the details of the national economy with representatives of Moody’s in a virtualRead More →

Govt taking steps to eliminate non-filers economy: FM Aurangzeb Micro-adjustments can be made, a lack of macroeconomic stability would pose significant challenges.

On: July 1, 2024

In: Breaking News

Tagged: Billion $ for Dasu project, FM Muhammad Aurangzeb, Macroeconomic stability, Non-filers economy

Govt taking steps to eliminate non-filers economy: FinMin Aurangzeb He added that the World Bank has approved one billion dollar for the Dasu project which would make the economy stable ISLAMABAD ( WEB NEWS ) Reiterating the government’s seriousness to increase the tax-to-GDP ratio, Finance Minister Muhammad Aurangzeb remarked onRead More →

Pakistan gradually moving toward economic stability. FM M. Aurangzeb Present govt has taken all pragmatic measures to facilitate the business environment in Pakistan

On: May 7, 2024

In: Breaking News

Tagged: business environment, economic stability, FM Muhammad Aurangzeb, international investors

Present govt has taken all pragmatic measures to facilitate the business environment in Pakistan: Muhammad Aurangzeb Finance minister says Pakistan gradually moving toward economic stability & it is high time to invest in Pakistan ISLAMABAD ( Web News ) A delegation of International Investors called on Federal Minister for FinanceRead More →

Foreign exchange reserves will reach 9-10 billion dollars by June, Finance Minister We will have to consult the provinces to bring people into the tax net, we will try to get their help in this regard.

On: April 23, 2024

In: Breaking News

Tagged: $ 9-10 billion in June, FM Muhammad Aurangzeb, foreign exchange reserves, Reforms in energy sector

Foreign exchange reserves will reach 9-10 billion dollars by June, Finance Minister The stock market is also at an all-time high, the foreign exchange reserves have not increased through the market, date stocks, but through market operations. The final tranche will be released by the International Monetary Fund later thisRead More →

Our direction regarding revival of country’s economy is quite clear: FM M. Aurangzeb Despite difficulties and challenges, we have to move forward. Negotiations with international financial institutions remained positive.

On: April 22, 2024

In: Breaking News

Tagged: Difficulties and challenges, FM Muhammad Aurangzeb, Revival economy, Stock Market historical bullish

Our direction regarding revival of country’s economy is quite clear: Finance Minister Muhammad Aurangzeb Says the mechanism regarding tax collection is being improved through reforms Says his negotiations with int’l financial institutions remained positive WASHINGTON ( Web News ) Minister for Finance and Revenue Muhammad Aurangzeb has said that ourRead More →

Pakistan will issue Panda Bonds worth $300 million to tap Chinese market The government’s cash balances are strong enough that it is able to pay its debts on time. FM

On: March 23, 2024

In: Breaking News

Tagged: FM Muhammad Aurangzeb, IMF Programme., Pakistan Panda Bonds, Tap Chinese market

Finance Minister Muhammad Aurangzeb says Pakistan will issue Panda Bonds worth $300 million this year to tap Chinese market Says country is heading in the right direction towards economic stability Says Pakistan will go for an IMF programme with at least three year duration ISLAMABAD ( Web News ) MinisterRead More →