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Tag: Finance Minister

Latest Pakistan
  • Web Desk
  • Feb 28, 2025
Hutchison Ports to invest $1 billion in Pakistan

The investment is expected to generate at least USD 4 billion in revenue over the next 25 years through royalty, rent, and tax contributions.

boom and bust cycle
Business
  • Web Desk
  • Feb 26, 2025
Economy stabilising, but boom and bust cycle must be avoided, says finance minister

Finance Minister Muhammad Aurangzeb has said that the economy is stabilising but the repeated boom and bust cycle needs to be avoided.

climate finance
Pakistan
  • Web Desk
  • Feb 20, 2025
IMF to give Pakistan $1b in climate finance: finance minister tells senate committee

During the meeting of Senate standing committee on climate, finance minister said that “population and climate are our main issues.

Economic Coordination Committee (ECC) meeting
Latest
  • Web Desk
  • Feb 03, 2025
ECC shows concern over rising prices of sugar, vegetables, edible oil

The ECC, while expressing satisfaction with the ongoing decline in the Sensitive Price Index (SPI), emphasized that the reduction in core inflation, average inflation, and the downward price trends should translate into tangible relief for the common man.

Pakistan
  • Abobakar Khan
  • Jan 30, 2025
FBR officials threaten to kill me, ruin my business over vehicle purchase issue: Vawda

Vawda alleged that three FBR officers namely Ali Saleh Hayat, Shahid Soomro, and Dr Hayat Siddiqui not only threatened to destroy his business but also to kill him.

gas tariff
Pakistan
  • Web Desk
  • Jan 25, 2025
ECC approves industrial gas tariff hike, spares domestic users

The committee did not agree to increase the tariff for domestic consumers with a view to protecting the domestic consumers from additional burden.

developing economies
Pakistan
  • Reuters
  • Jan 21, 2025
Pakistan secures $1 bln loan from two Middle Eastern banks

Finance Minister has confirmed that Pakistan has agreed terms for a $1 billion loan with two Middle Eastern banks at a 6%-7% interest rate.

rightsizing committee meeting
Latest
  • Web Desk
  • Jan 17, 2025
Five ministries in focus as govt moves to fourth phase of rightsizing

Minister for Communications Abdul Aleem Khan also gave a perspective on the core functions of the ministry and how its departments, particularly National Highway Authority (NHA), could be made profitable.

Aurangzeb at the Asian Financial Forum 2025
Latest
  • Web Desk
  • Jan 13, 2025
Govt enabling private sector to lead Pakistan toward progress: Aurangzeb

Aurangzeb also emphasized the significance of learning from Hong Kong as a leading financial center, particularly in the use of AI and blockchain technology.

budget
Business
  • Web Desk
  • Dec 29, 2024
Interest rates will be reduced further, finance minister says

“The business community will benefit from the reduction in interest rates. The interest rate will be reduced further,” Aurangzeb said.

Latest

SBP launches teen banking framework to promote financial literacy
  • Web
  • 11 Minutes ago
SBP launches teen banking framework to promote financial literacy
OC and Ana Kasparian clash over US aid to Israel on X
  • Web
  • 52 Minutes ago
OC and Ana Kasparian clash over US aid to Israel on X
SpaceX IPO signals arrival of the space economy
  • Web
  • 1 Hour ago
SpaceX IPO signals arrival of the space economy
Thunderstorms, hail forecasted across parts of Pakistan
  • Web
  • 1 Hour ago
Thunderstorms, hail forecasted across parts of Pakistan
Trump’s birthright citizenship order could affect 250,000 babies annually
  • Web
  • 2 Hours ago
Trump’s birthright citizenship order could affect 250,000 babies annually
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