Finance
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Khurram Schehzad appointed adviser to finance minister
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Seasoned investment banker Khurram Schehzad. — Linkedin/@khurramschehzad Veteran investment banker Khurram Schehzad has been named adviser to Finance Minister Mohammad Aurangzeb on financial reforms, as the government ramps up efforts to drive transformative changes across key economic sectors, aiming to…
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Finance minister reports positive meetings with stakeholders in US
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Finance Minister Muhammad Aurangzeb (right) and State Bank of Pakistan Governor Jameel Ahmed in a meeting in Washington, US. —Radio Pakistan/ File ISLAMABAD: Finance Minister Muhammad Aurangzeb on Sunday said meetings with stakeholders in the United States remained were positive and…
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Finance minister assures PIA privatisation in ongoing year
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Finance Minister Muhammad Aurangzeb poses after taking oath in Islamabad, Pakistan March 11, 2024. — Reuters Amid incumbent government’s strenuous efforts to tackle multi-prong challenges faced by the country on the economic front, Finance Minister Muhammad Aurangzeb has assured the privatisation…
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Pakistan inflation expected to ease to 8-9% by October: Finance Division
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People are buying groceries from makeshift stalls at the weekly “Sunday Market” in Lahore on April 2, 2023. — Online Pakistan’s headline inflation is likely to lose more steam over the next two months, coming down to around 8-9%, the…
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Finance minister calls for public trust restoration | The Express Tribune
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ISLAMABAD: Federal Finance Minister Muhammad Aurangzeb has said that unless public trust is restored, the country cannot move forward, and the private sector must step up to lead the country. While addressing the Senate, Finance Minister Muhammad Aurangzeb stated that…
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Pakistan to pay Rs18.7 trillion in debt this year: Finance ministry | The Express Tribune
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The federal government has released details of national and foreign debt up to June this year, as reported by the Ministry of Finance. The data was presented to the National Assembly. As of June this year, Pakistan’s domestic debt stood…
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Finance minister unveils new incentives for foreign investors amid push for external financing | The Express Tribune
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Finance Minister Muhammad Aurangzeb announced new policy measures on Thursday aimed at enhancing Pakistan’s investment environment and attracting foreign investors, according to Radio Pakistan. The finance minister chaired a review meeting in Islamabad with representatives from joint venture investment firms,…
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Finance minister quells ‘noise’ casting doubts on IMF deal approval
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Finance Minister Muhammad Aurangzeb speaks during an interview with Reuters at his office in Islamabad. —Reuters/File ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, on Friday voiced hope that “the International Monetary Fund (IMF) will approve the staff-level…
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Finance Ministry reveals substantial debt increase over three-year period | The Express Tribune
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ISLAMABAD: The Ministry of Finance has submitted details to the Senate regarding the increase in national debt over the past three years. According to the written response, the national debt increased by Rs31.5 trillion during this period. In the fiscal…
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Tax relief for salaried class on cards as finance ministry tasked to work out options
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Stack of Rs5,000 and Rs1,000 notes. — AFP/File Prime Minister Shehbaz Sharif-led government is mulling over options to provide income tax relief to the salaried class as he has assigned this special task to his economic team, Geo News reported citing…
