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.
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.
Pakistan Finance Minister Muhammad Aurangzeb expressed confidence that the country would secure an extended loan programme with the International Monetary Fund (IMF), adding that it could contribute to macroeconomic stability, reported Dawn.
The Pakistan government on Friday decided to legally move against any telecom operator or others trying to create hindrances in disabling the mobile phone SIMs of over half a million tax evaders.
Finance Minister Muhammad Aurangzeb said on Sunday that the privatization of Pakistan International Airlines (PIA) is expected by the end of June or early July, with Islamabad airport potentially following suit shortly after, Dawn reported.
This is now expected to be made part of the next International Monetary Fund programme that Pakistan Finance Minister Muhammad Aurangzeb will be discussing with the lender next week in Washington on the sidelines of World Bank-IMF spring meetings, Dawn reported.
Ishaq Dar, who is currently serving as Pakistan's Foreign Minister, is likely to get the finance ministry -- which he held during the last PDM government -- again, Pakistan Muslim League-Nawaz (PML-N) leader Muhammad Zubair said, ARY News reported.
Following the increase in fuel prices, local transport companies unilaterally increased fares by up to 20 per cent without consulting the authorities, reported ARY News.
The Pakistan Finance Minister, Ishaq Dar, informed about the development that led to the prices of petrol and diesel at Rs 272.95 and Rs 273.40 per litre, respectively.
Pakistan's Finance Minister Ishaq Dar confirmed on Sunday that the Election Act 2017 is set to be amended in order to empower the upcoming caretaker government to take important decisions until a democratically elected government takes over.