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Federal Minister for Finance and Revenue Muhammad Aurangzeb has stressed for close collaboration between Government and private sector to achieve sustainable economic growth. Speaking in Faisalabad, the finance czar affirmed that Pakistan’s economy is moving towards improvement, driven by key reforms. Aurangzeb emphasised that a lower policy rate has also benefited business owners and ongoing…
Finance Minister Muhammad Aurangzeb has emphasized structural reforms to avoid boom and bust cycles and move towards sustainable and inclusive growth. Addressing an event organized by Pakistan Retail Business Council in Islamabad on Thursday, he said these structural reforms are already underway in areas such as taxation, energy, State-Owned Enterprises (SOEs), and public finance. He…
A high-level Turkish delegation led by Atilla Yerlikaya, President of Corporate Affairs, Communications, and Sustainability, Anadolu Group, called on the Finance Minister Muhammad Aurangzeb in Islamabad today. The delegation included Ahmet Kursad Ertin, Chief Operating Officer of Coca-Cola Içecek, and Sunay Sanli, General Manager of Coca-Cola Içecek Pakistan. The delegation briefed the Finance Minister on…
Finance Minister Muhammad Aurangzeb has assured the government’s resolve to stand firm by its commitments to the $7 billion International Monetary Fund (IMF) programme. “We are in a three-year Fund programme and know where we are, what we have committed and we are going to stay firm on those commitments,” said the finance minister while…
Finance Minister Muhammad Aurangzeb told Reuters on Tuesday that the government has agreed terms for a $1 billion loan with two Middle Eastern banks at a six to seven per cent interest rate as Pakistan looks for more financing. “With two institutions we have now gone forward in signing up the term sheet — one…
