Search For "muhammad aurangzeb"
Pakistan's monthly oil import bill could skyrocket to $600 million, says F
Updated : 1 week, 3 days ago IST
Amid the developing security situation in West Asia, Pakistan could see its monthly oil import bill soar to a whopping USD 600 million, the country's Finance Minister Muhammad Aurangzeb said on Sunday, as reported by Dawn. Already reeling under economic stress, the country's Petroleum Min
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Embarrassment for Pak govt as opposition blocks money bill
Updated : 10 months, 2 weeks ago IST
The Pakistani government faced an embarrassing defeat in the National Assembly as the opposition blocked the Income Tax (Amendment) Bill 2024 by exploiting lack of quorum. Meanwhile, PTI lawmakers continue to face a blackout in state and official media coverage.
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Oppn-led protests cost Pakistan PKR 190 billion loss daily, says country's
Updated : 1 year, 4 months ago IST
The finance minister of Pakistan, Muhammad Aurangzeb, has outlined the substantial economic losses caused by opposition-led protests, as reported by ARY News on Monday.
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Pakistan requests additional USD 1.4 billion loan from China amid ongoing
Updated : 1 year, 5 months ago IST
In a bid to tackle persistent external financing issues, Pakistan has formally requested an additional loan of 10 billion yuan (USD 1.4 billion) from China. This appeal comes amidst ongoing fiscal pressures and follows the utilisation of an existing trade finance facility.
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Pakistan FM Aurangzeb thanks ADB's USD 500 million loan for climate protec
Updated : 1 year, 5 months ago IST
Pakistan's Finance Minister Muhammad Aurangzeb expressed gratitude for the Asian Development Bank's (ADB) USD 500 million loan to support Pakistan for climate protection.
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Pakistan requests China to increase currency swap agreement limit to 40 bi
Updated : 1 year, 5 months ago IST
Pakistan Finance Minister Muhammad Aurangzeb has requested the Chinese government to raise the limits of the currency swap agreement to CNY 40 billion, according to ARY News on Saturday.
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Pakistan seeks additional $2 billion from IMF to combat climate change
Updated : 1 year, 5 months ago IST
Pakistan is seeking an additional USD2 billion from the International Monetary Fund (IMF) to tackle the devastating impacts of climate change, a report by ARY News said, citing sources.
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Amid economic challenges, Pakistan Finance Minister Aurangzeb to participa
Updated : 1 year, 5 months ago IST
Pakistan Finance Minister Muhammad Aurangzeb is set to arrive in Washington DC today to participate in the annual meetings of the International Monetary Fund (IMF) and the World Bank Group, taking place from October 21 to 26, according to a report by Dawn.
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Pakistan approves additional budget to secure Chinese interests: Report
Updated : 1 year, 5 months ago IST
According to the report, the decision was made during a meeting of the Economic Coordination Committee (ECC) of the Cabinet, chaired by Pakistan's Finance Minister Muhammad Aurangzeb.
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Time to change Pakistan economy's DNA, says country's Finance Minister aft
Updated : 1 year, 5 months ago IST
Pakistan must overhaul its economic foundation to break free from repeated IMF bailouts, according to Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, who stressed that the recently approved 37-month Extended Fund Facility (EFF) should be the country's last.
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Pakistan will face "transitional pain," says Finance minister as IMF appro
Updated : 1 year, 6 months ago IST
Pakistan's Finance Minister Muhammad Aurangzeb recently warned that the country will face "transitional pain" after the International Monetary Fund (IMF) agreed to loan Pakistan USD 7 billion, which the Prime Minister Shehbaz Sharif-led government has pledged would be the last from the Washi
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Pakistan fears mount as loan talks with China face uncertainty
Updated : 1 year, 8 months ago IST
On Friday, Finance Minister Muhammad Aurangzeb met with Pan Gongsheng, the governor of China's central bank, to discuss bilateral financial cooperation, according to a statement from the People's Bank of China.
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