Presenting the budgetary proposals for the next fiscal year in the National Assembly on Tuesday evening, Minister for Finance and Revenue Muhammad Aurangzeb said this budget is a beginning of a strategy, crafted to promote competitive economy. This, he said, will bolster exports and foreign exchange reserves in order to …
Last Updated:February 01, 2025, 21:12 IST Budget 2025: Finance minister Nirmala Sitharaman said the government is focused on boosting private investment to strengthen growth, increasing funding in the agriculture sector, and enhancing the spending power of India’s middle class Union finance minister Nirmala Sitharaman presents Budget 2025 in the Lok …
This year’s budget, like last year’s, is widely considered to be crafted to align with the International Monetary Fund’s (IMF) requirements to secure another bailout, this time “larger and longer”. The finance minister thanked Prime Minister Shehbaz Sharif, his elder brother and PML-N leader Nawaz Sharif as well as various …
Finance Minister Muhammad Aurangzeb said on Friday that the matter of an Extended Fund Facility (EFF) with the International Monetary Fund (IMF) will be discussed in Washington next month as the country looks to alleviate a full-scale economic crisis. The standby $3 billion arrangement with the global lender expires on …
PUBLISHED March 17, 2024 ISLAMABAD: Prime Minister Shehbaz Sharif has begun his second term in office on a note of defiance. He successfully resisted the pressure and did not appoint family relative and party’s old economic guard Ishaq Dar as the new finance minister. Shehbaz Sharif has drawn the curtain …
Pakistan’s new Finance Minister Muhammad Aurangzeb has confirmed that the country will look to the International Monetary Fund for an Extended Fund Facility. He also said that the policy rate will come down as inflationary pressures ease. Speaking to media representatives for the first time since assuming office, Aurangzeb said …