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Articles for tag: Ali Pervez Malik, Aurangzeb, ECC, margins, ogra, petrol pumps, Petroleum dealers, strike

December 27, 2025

News Desk

Economic growth of 2.7% is not enough to meet the needs of rapidly growing population: Aurangzeb

Federal Finance Minister and Senator Muhammad Aurangzeb. — APPLICATION Macroeconomic stability, reforms restore confidence: Aurangzeb. FinMin says fiscal discipline is replacing the consumption model. He says that including climate resilience supports long-term sustainability. Federal Finance and Revenue Minister Muhammad Aurangzeb said Pakistan has reached a turning point, with macroeconomic stability, ongoing reforms and policy continuity restoring confidence and steering the economy towards export-led, long-term growth. However, in an interview with USA Todaythe finance czar pointed out that economic growth of 2.7% in the previous financial year, while positive, is insufficient to absorb the needs of a rapidly growing population. The

November 17, 2025

News Desk

Pakistan’s economic future is linked to population, climate action: FinMin Aurangzeb

Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb addresses the ceremony on November 17, 2025. — APP FinMin addresses District Vulnerability Index for Pakistan ceremony. Climate change exposes communities to extreme conditions: FinMin. The minister emphasizes that the relationship between population and climate must be recognized. Federal Finance Minister and Senator Muhammad Aurangzeb said on Monday that Pakistan’s long-term economic outlook was inextricably linked to how effectively the country tackled the twin national challenges of rapid population growth and increasing climate vulnerability. He expressed these views while speaking at the launch ceremony of District Vulnerability Index for Pakistan (DVIP),

November 7, 2025

News Desk

Blue economy will be a ‘game changer’ for Pakistan: Finance Minister Aurangzeb

Finance Minister Muhammad Aurangzeb addressing the Maritime Conference, November 4, 2025. — Screengrab via Geo News Target $100 billion by 2047 from about $1 billion today. Seafood exports were targeted at $2 billion in 3-4 years. Ports, logistics upgrades for development. Finance Minister Muhammad Aurangzeb said Pakistan’s blue economy will be a game-changer for the country, backed by a clear roadmap and ambitious targets set by the Ministry of Maritime Affairs. Speaking at a virtual maritime conference, Finance Minister Muhammad Aurangzeb said Pakistan’s starting point in the blue economy sector is “quite modest”, contributing about 0.4% to 0.5% of the

November 5, 2025

News Desk

Google aims to make Pakistan an export hub, says FinMin Aurangzeb

Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb addressing the 9th Edition of the Summit in Karachi on November 4, 2025. — X@Financegovpk Govt to privatize PIA by year-end, says finance minister. It adds the private sector vital for sustainable growth with exports. Aurangzeb highlights huge opportunities in the blue economy. KARACHI: Finance Minister Muhammad Aurangzeb on Wednesday welcomed the start of a Google Chromebook assembly line in Pakistan and said the tech giant aims to make Pakistan an export hub, highlighting the country’s growing potential in the technology and shipping sectors. Speaking at the Future Summit in Karachi,

November 3, 2025

News Desk

The economy is moving in the right direction, the primary objective is to ensure sustainable stability: Aurangzeb

Finance Minister Muhammad Aurangzeb (second left) addresses a press conference in Islamabad on November 3, 2025. — Screengrab Geo News Govt not planning new taxes, says FBR chairman. The Minister of Energy says a 10.5% reduction in electricity prices. The government is accelerating the privatization effort. The PIA process is ongoing. ISLAMABAD: Finance Minister Muhammad Aurangzeb said Pakistan’s economy is moving in the right direction with “visible signs” of improvement in key sectors. Addressing a reporter alongside the government’s economic team on Monday, Aurangzeb said the government has made “significant progress” towards achieving macroeconomic stability, adding that the recently reached

October 19, 2025

News Desk

Pakistan, IFC sign swap deal as Aurangzeb pushes for Reko Diq, EXIM talks

Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb and IFC Managing Director Makhtar Diop exchange greetings as State Bank of Pakistan Governor Jamil Ahmad and an IFC official sign an exchange agreement in Washington, DC on October 18, 2025. — X/@Financegovpk FinMin welcomes IFC’s move, naming Pakistan a regional hub. It vows to deepen cooperation with the IFC in key areas. Aurangzeb informs JP Morgan about sale of Panda Bond, First Women Bank. Finance Minister Senator Muhammad Aurangzeb, on the sixth and final day of his visit to the US, continued his engagements and witnessed the signing of a

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