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October 7, 2025

News Desk

PIA privatization enters the final stage, says Aurangzeb

Finance Minister Muhammad Aurangzeb has announced that the privatization of Pakistani International Airlines has entered its final phase, while the government is also actively considering the external assignment of Islamabad’s international airport and the privatization of energy distribution companies. Aurangzeb made observations during a meeting on Tuesday with a delegation led by the founder and chief executive of Acumen Jacqueline Novogratz. The meeting focused on investment opportunities, climate durability and ongoing economic reforms in Pakistan. In a formal statement, the Ministry of Finance stated that the minister informed the delegation on the government’s agenda and the efforts to stabilize the

June 11, 2025

News Desk

Anti-digit Domain Budget

Listen to the article Islamabad: Finance Minister Muhammad Aurangzeb on Tuesday presented an RS17.6 trillion budget, which tried to limit the fiscal expansion, but the tax measures were clearly self -sufficient that would promote the cash economy and fossil fuels on the one hand. The government of Prime Minister Shehbaz Sharif has also introduced new taxes on digital economy, pensioners and net energy. Some of these measures were contradictory to the policy mentioned to discourage the cash economy. However, the 2025-26 funding bill also gave incentives to tax by taxing internal combustion cars and fossil fuels. Despite high poverty and

April 28, 2025

News Desk

Finmin Aurangzeb highlights the financial recovery at Harvard Congress

Listen to the article Finance Minister Mohammad Aurangzeb on Monday said the country had reached a central moment of economic recovery and transformation, inviting investors to take part in the Pakistani development journey. Speaking to Pakistani 2025 at Harvard University, Aurangzeb described basic achievements, including historical inflation reductions, increasing foreign stocks and recovery of direct foreign investment. “Following the legacy of an economy facing significant challenges – from the Contracting GDP for the exhaustion of stocks – we have stabilized the fundamental elements, the restoration of confidence and the review of growth,” he said. The conference, organized by Harvard students

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