FM Muhammad Aurangzeb Archives

Remittances are expected to surpass $35 b in 2024-25: FM M. Aurangzeb The economy faced Rs.190 b loss on a daily basis as a result of public demonstration of PTI. Finance Minister

On: December 8, 2024

Tagged: FM Muhammad Aurangzeb, PTI public demonstration, Remittances $35 biln, Sales tax on petroleum

Remittances are expected to surpass $35 biln in the current fiscal year 2024-25: Finance Minister Muhammad Aurangzeb Says there are no discussions underway with the IMF regarding the imposition of sales tax on petroleum products Says economy faced Rs190 biln loss on a daily basis as a result of publicRead More →

National Tax Council meets to discuss tax reforms, harmonization The govt’s commitment to fostering collaboration among all stakeholders for a unified & efficient tax framework

On: December 5, 2024

In: Breaking News

Tagged: Discuss tax reforms, FM Muhammad Aurangzeb, National Fiscal Pact, National Tax Council

Finance minister reiterates govt’s commitment to fostering collaboration among all stakeholders for a unified & efficient tax framework National Tax Council meets to discuss tax reforms, harmonization Finance Minister Meetings with delegations from Metro AG Germany and American Business Council ISLAMABAD ( WEB NEWS ) Federal Minister for Finance andRead More →

Govt determined to enhance connectivity & improve digital infrastructure: FM Aurangzeb Highlights the importance of digital economy & digital integration as a critical component of economic transformation of the country

On: November 30, 2024

In: Breaking News

Tagged: digital infrastructure, Economic transformation, Enhance connectivity, FM Muhammad Aurangzeb

Govt determined to enhance connectivity & improve digital infrastructure: Finance Minister Muhammad Aurangzeb Highlights the importance of the digital economy & digital integration as a critical component of the economic transformation of the country ISLAMABAD ( WEB NEWS ) Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb chaired aRead More →

Pakistan could learn from Türkiye’s experience of power sector reforms. FM M. Aurangzeb Finance Minister Muhammad Aurangzeb held a meeting with Keith Svendsen, CEO of APM Terminals

On: November 12, 2024

In: Breaking News

Tagged: CEO APM Terminals, FM Muhammad Aurangzeb, Power sector reforms, Türkiye’s experience

Pakistan could learn from Türkiye’s experience of power sector reforms: Finance Minister Muhammad Aurangzeb Turkish Ambassador Irfan Neziroglu assures his full commitment & support for further strengthening ties b/w both the nations’ relations ISLAMABAD ( WEB NEWS ) Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb held a meeting withRead More →

Digitization of economy a requisite for driving economic growth: FM Reiterates the govt’s resolve to move ahead with its privatization programmer. Muhammad Aurangzeb

On: November 9, 2024

In: Breaking News

Tagged: Digitization of economy, economic growth, FM Muhammad Aurangzeb, Privatization programmer

Digitization of economy a requisite for driving economic growth: Finance Minister Muhammad Aurangzeb Reiterates the govt’s resolve to move ahead with its privatization programmer The federal tax revenues have increased by 29 per cent and 600,000 new filers have also been added ISLAMABAD ( WEB NEWS ) Federal Minister forRead More →

Pakistan gets ‘encouraging response’ from China over debt reprofiling talks. FM Aurangzeb The report said China had currently rolled over debt of $16 billion out of $26bn in the current fiscal year started in July.

On: October 23, 2024

In: Breaking News

Tagged: Encouraging response, FM Muhammad Aurangzeb, Lower electricity prices, Rolled over $16 billion

Pakistan gets ‘encouraging response’ from China over debt reprofiling talks, says Aurangzeb ISLAMABAD ( WEB NEWS ) Finance Minister Muhammad Aurangzeb says Pakistan is getting an “encouraging” response from China over its request to reprofile power sector debt. He said Pakistani authorities had just started the discussion and the responseRead More →

The govt’s commitment to implementing its reform agenda. FM Aurangzeb The only way this goal could be successfully achieved was by changing the DNA of the economy. Meeting with ADB.

On: October 10, 2024

In: Breaking News

Tagged: Changing the DNA, FM Muhammad Aurangzeb, Reform agenda, Thanks ADB

Finance Minister Muhammad Aurangzeb reaffirms the govt’s commitment to implementing its reform agenda Thanks ADB for its continued support to Pakistan’s development agenda & its assistance provided in key sectors ISLAMABAD ( WEB NEWS ) Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has reaffirmed the government’s commitment toRead More →

IMF Stand-By Agreement has been successfully completed. FM Aurangzeb The country’s economy is on a positive trajectory, with an increase in foreign exchange reserves and a reduction in inflation.

On: September 30, 2024

In: Breaking News

Tagged: 29% increase in exports, FM Muhammad Aurangzeb, IMF programme Pakistan’s last, Macroeconomic stability

IMF Stand-By Agreement has been successfully completed. FM Aurangzeb ISLAMABAD ( WEB NEWS ) Federal Minister for Finance, Muhammad Aurangzeb has announced that the current International Monetary Fund (IMF) programme will be Pakistan’s last. Macroeconomic stability is not a destination but a pathway, emphasizing that the IMF Stand-By Agreement hasRead More →

All matters with the IMF have been resolved smoothly: FM Muhammad Aurangzeb The board meeting on September 25 to discuss the approval of $7 billion EFF agreement reached with Pakistan

On: September 13, 2024

In: Breaking News

Tagged: FM Muhammad Aurangzeb, IMF Agreement Pakistan, IMF board meeting, IMF’s spokesperson

All matters with the IMF have been resolved smoothly: Finance Minister Muhammad Aurangzeb Says these matters will be finalized at the IMF board meeting during this month ISLAMABAD ( WEB NEWS ) Minister for Finance and Revenue Senator Muhammad Aurangzeb says Pakistan is moving towards development after achieving economic stabilization.Read More →

43 percent economic sectors contribute less than one percent tax. FM M. Aurangzeb Pakistan’s tax collection body generated $5.2 billion in July-August, falling short of its $5.6 billion target

On: September 4, 2024

In: Breaking News

Tagged: 43% economic sectors, FM Muhammad Aurangzeb, Short fall $5.6 billion, Tax generated $5.2 billion

43 percent economic sectors contribute less than one percent tax Muhammad Aurangzeb urges wholesalers, distributors and retailers to improve their tax contributions Pakistan’s tax collection body generated $5.2 billion in July-August, falling short of its $5.6 billion target ISLAMABAD ( WEB NEWS ) Federal Minister for Finance and Revenue MuhammadRead More →

FM appreciated the FBR efforts for maximising revenue and broadening the tax base. Minister Muhammad Aurangzeb discussed the integrating RAAST and NADRA to further improve efficiency.

On: August 13, 2024

In: Breaking News

Tagged: Broadening tax base, FBR persistent efforts, FM Muhammad Aurangzeb, Maximising revenue

Muhammad Aurangzeb appreciate the PepsiCo’s seed lab initiative & its impact in driving agricultural & overall economic growth Appreciate the FBR Team’s persistent efforts for maximising revenue & broadening the tax base for sustained economic development ISLAMABAD ( WEB NEWS ) Federal Minister for Finance and Revenue Senator Muhammad AurangzebRead More →

Retailers will be taxed, every sector will have to contribute to the tax net, F. Minister Things which have not been done for 75 years, we are now forced to do, talks with Karachi Chamber Members

On: July 30, 2024

In: Breaking News

Tagged: FM Muhammad Aurangzeb, IT sector exported 3.2 $ b, Karachi Chamber, Nothing from 75 Years, Retailers will be taxed

Retailers will be taxed, every sector will have to contribute to the tax net, Finance Minister Every effort has been made, for the first time, the IT sector exported 3.2 billion dollars. Things which have not been done for 75 years, we are now forced to do, talks with membersRead More →