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Tag: Finance Minister

tax reforms
Pakistan
  • Web Desk
  • Dec 26, 2024
Govt mulling tax reforms to achieve 13.5pc tax to GDP ratio: Aurangzeb

Finance Minister Muhammad Aurangzeb said that the reforms are aimed at achieving the target of 13.5 per cent tax to GDP ratio.

Finance Minister Muhammad Aurangzeb
Business
  • Web Desk
  • Dec 06, 2024
Govt doesn’t want to force regulations, seeks private sector’s input: Aurangzeb

Aurangzeb said that doing business is private sector’s prerogative, the government will not be involved in doing business.

COP29
Pakistan
  • Web Desk
  • Nov 13, 2024
Finance Minister Aurangzeb to highlight climate damage on COP29

PM Shehbaz Sharif is also attending the climate conference and seeking financial alliances, under ‘Loss and Damage’ clause.

developing economies
Pakistan
  • Web Desk
  • Oct 24, 2024
Pakistan’s total debt has reached $258 billion: Finance Minister

Finance Minister Aurangzeb said that after delay caused by the audit of PIA’s assets, now the PIA would be privatised in November.

Turkey Pakistan relations
Business
  • Web Desk
  • Oct 23, 2024
Pakistan, Türkiye discuss ways to deepen economic ties

Finance Minister Muhammad Aurangzeb has highlighted the longstanding and close relationship between Pakistan and Türkiye during a meeting.

Pakistan's debt and interest payments
Business Pakistan
  • Web Desk
  • Aug 30, 2024
Finance Ministry unveils repayment plan for Pakistan’s Rs 71 trillion debt

The repayment plan outlines a significant financial burden over the coming years, with Rs 18.7 trillion set to be repaid in 2024.

multinationals plan Pakistan exit
Business
  • Web Desk
  • Aug 26, 2024
Business leaders criticise govt amid reports of multinationals considering leaving Pakistan

The business community has expressed disappointment over the government’s tepid response to these alarming developments.

FBR revenue target shortfall
Business
  • Web Desk
  • Aug 13, 2024
FBR unveils digitisation plan to meet revenue target

Federal Board of Revenue (FBR) presented a detailed strategy to Finance Minister Muhammad Aurangzeb, aimed at achieving a revenue collection target of Rs12.970 trillion for the fiscal year 2024-25.

Pakistan’s forex reserves
Business
  • Web Desk
  • Aug 06, 2024
Pakistan optimistic as key allies agree to extend debt

Pakistan has successfully secured commitments from China, Saudi Arabia, and the United Arab Emirates to rollover its debt for another year.

Finance Minister
Pakistan
  • Web Desk
  • Jul 28, 2024
Finance Minister urges to enhance public services to justify tax increases

Addressing concerns from salaried individuals, Aurangzeb mentioned that efforts are being made to avoid burdening the lower-income groups with taxes.

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