Sri Lanka's Debt-to-GDP Ratio Drops to 88.8 Percent by June
Deputy Finance Minister reports that Sri Lanka's national debt relative to GDP has decreased to 88.8%, reflecting ongoing fiscal consolidation efforts.
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Deputy Finance Minister reports that Sri Lanka's national debt relative to GDP has decreased to 88.8%, reflecting ongoing fiscal consolidation efforts.

Pakistan's Finance Minister and the US Chargé d'Affaires, Andrew Baker, held a meeting where considerable progress was noted on the Pak-US trade framework, with Pakistan emphasizing its interest in advancing the framework on a mutually beneficial basis.

Pakistan's Finance Minister met with International Monetary Fund (IMF) officials to review the country's macroeconomic performance and progress on reforms. The minister reaffirmed the government's commitment to economic transformation.

The Serbian Finance Ministry announced the successful first-ever private placement of international government bonds, raising 500 million Euro.

Serbia's budget deficit for May was reported at 99.7 billion dinars, which is significantly lower than planned. The Ministry of Finance also stated that Serbia's public debt stood at 41.14 billion euros at the end of May.

Pakistan's Finance Minister stated that the government's ongoing reforms aim to broaden the tax base by bringing retailers into the tax net and strengthening the revenue system, rather than increasing the burden on the salaried class in the upcoming budget.

The International Monetary Fund (IMF) has completed its review of Serbia's program under the Policy Coordination Instrument (PCI). The Ministry of Finance and the National Bank of Serbia have commented on the third review of the program.
Pakistan's Finance Minister, Aurangzeb, emphasized youth employability as a central component of the country's economic reform agenda during a meeting with the World Bank, highlighting a shift towards improving social and human development outcomes.
Greece's Finance Minister has indicated that new interventions to control fuel prices are not being ruled out, suggesting potential government action to address rising costs.

Pakistan's Finance Minister lauded the Panda Bond as a "transformational step" for the nation's economy. Discussions are ongoing regarding whether the bond will primarily offer financial relief or drive significant reforms.

The Ministry of Finance is exploring a technology-driven tax reform, with proposals for documentation and group taxation measures being discussed during ongoing budget consultations.

Greece has reaffirmed its strong commitment to the Treaty on the Non-Proliferation of Nuclear Weapons (NPT) and the crucial role of the International Atomic Energy Agency (IAEA). This commitment underscores the nation's dedication to global nuclear security and disarmament efforts.

Pakistan's finance minister has announced that the country's economy is projected to grow by approximately 4% in the upcoming fiscal year 2026. This forecast provides an outlook on the nation's economic performance.

Pakistan's Finance Minister Muhammad Aurangzeb met with an EU envoy to discuss the government's strategy for diversifying capital markets, aiming to strengthen external buffers and ensure sustainable financing.

Iran reportedly closed or reimposed control over the Strait of Hormuz, accusing the United States of breaching terms or imposing a blockade. This action led to reports of ships being affected and prompted international reactions, though some reports later indicated the strait returned to its previous state.

Pakistan's finance minister stated the country is committed to repaying a $3 billion loan from the UAE and is exploring all options to either replace the funding or manage the repayment. The government is also considering establishing a strategic fuel reserve.

Pakistan's Finance Minister is soliciting input for the upcoming national budget, with various chambers proposing measures such as lower policy rates, the abolition of Section 7E, and enhanced regional linkages.

Representatives from Pakistan’s fan industry met with the finance minister to seek policy interventions aimed at reducing raw material exports, promoting value addition, and encouraging energy-efficient fan production.

Pakistan's Finance Minister Aurangzeb announced a targeted relief package for deserving segments, including the government absorbing a Rs69 billion burden on petroleum products to minimize public impact.

Serbia's Finance Minister announced that the average net monthly wage reached €1,026 in June, marking a 12.4% increase compared to the same period last year.

Romania's Finance Minister believes the country's credit rating is contingent upon the formation of a credible new government and the approval of a sound budget.

Pakistan's Finance Minister met with Honeywell representatives in Washington to discuss modernizing the country's refineries, aiming to boost domestic refining capacity and reduce reliance on imported petroleum products.

Pakistan's Finance Minister Aurangzeb stated that tax notices will be issued through an AI-led system and projected foreign exchange reserves to close at approximately $18.4 billion for the current fiscal year.

The Serbian Finance Ministry reported that the country's public debt reached 43.7 percent of the Gross Domestic Product by the end of May.

Pakistan's government assured the PTI that it would discuss with the International Monetary Fund (IMF) the extension of tax exemptions for the merged districts of the erstwhile Fata and Pata regions.

Pakistan's Finance Minister Muhammad Aurangzeb announced the government's commitment to reducing the tax burden on certain classes by broadening the tax net.
The Union finance ministry has flagged inflation risks, particularly due to rising fuel prices and global volatility, and called for sustained vigilance despite retail inflation remaining within target limits.

Kuwait and Pakistan are engaged in discussions to explore ways to strengthen their bilateral relations. Separately, Pakistan's Finance Minister and the British envoy discussed economic ties and reforms.

Pakistan's Finance Minister has traveled to China to attend the ceremony for the country's first-ever Panda Bond issuance. This move grants Pakistan access to China's capital market.

A South Korean-operated vessel was struck by an unidentified object in the Strait of Hormuz near Qatar on May 4th. The incident occurred amidst heightened regional tensions and Iranian threats regarding the vital shipping lane.

Pakistan's Finance Minister has called on banks to enhance their cyber defense capabilities, particularly against AI-driven threats, during a virtual meeting that also touched upon REITs reform.
No plans to seek new financing from other friendly nations after Saudi support: FinMin Geo News

Romania's Finance Minister held discussions with rating agencies and various financial institutions during a visit to Washington.
Russia should not be the winner of the Iran war, German finmin says Reuters
Pakistan's Finance Minister Aurangzeb stated that all funding options are on the table and strategic fuel reserves are under consideration.
A former Finance Minister of Sri Lanka has publicly criticized the Central Bank's regulatory oversight, following a significant fraud incident at the National Development Bank (NDB).

Romania's Finance Minister expects a better sovereign rating outlook this autumn, contingent on the country's budget execution.

Serbia's public debt reached 39 billion euros at the end of January, accounting for 41.3 percent of the gross domestic product, according to the Finance Ministry.

Pakistan's Finance Minister Aurangzeb held discussions with the Pakistan Business Council (PBC) regarding investment opportunities and economic reforms, advocating for private-sector-led growth and technology adoption.

Serbia's public debt stood at €41.29 billion by the end of June, representing 43.8% of the GDP, while the Finance Ministry claimed the budget deficit was lower than planned.

Pakistan's Finance Minister confirmed that the $3 billion Saudi rollover is 'all good,' while also addressing a Senate clash over BISP vacancies and pushing for digital payments.

The Pakistan Business Council (PBC) has presented a $1.9 billion export plan to the Finance Ministry, advocating for policy stability and regulatory facilitation to boost foreign earnings.

India's Finance Ministry has highlighted the risks of a deficient monsoon, even as the economy demonstrates resilience with 7.7% growth and surging exports despite global tensions.

Finance Minister Muhammad Aurangzeb stated that Pakistan's government is mindful of external and geopolitical risks in its economic planning, including potential 'second-order impacts' from prolonged regional issues, during a meeting with a UK MP.

Pakistan's Finance Minister has warned that the impact from Gulf issues is expected to persist, while the government rejected claims of rigging in Gilgit-Baltistan polls.

The French economy unexpectedly contracted in the first quarter, prompting Finance Minister Roland Lescure to state that the government remains 'vigilant' without being alarmist.
The Greek Finance Minister has stated that some austerity measures implemented were 'absolutely necessary' for the country's economic stability.

The Finance Minister, Aurangzeb, held discussions with a visiting International Monetary Fund (IMF) mission regarding upcoming budget preparations and broader economic reforms.

Pakistan's Finance Minister Aurangzeb has launched a capital market fund, warning that the debt market has 'gone into reverse gear' and calling for strategic reserves and green financing.

Pakistan's Finance Minister and businessmen held discussions on economic reforms, noting progress on establishing an independent tax policy office.

The European Court of Justice issued a landmark ruling rejecting Hungary's controversial anti-LGBTQ law, which the government claimed was to protect children from propaganda. This decision marks a significant legal challenge to Hungary's policies.
Pakistan's Finance Minister stated that the country is regaining macroeconomic stability and investor confidence, having recently re-entered international capital markets.

Finance ministers and delegations from various countries, including Ukraine, Greece, and Finland, are attending the International Monetary Fund and World Bank Spring Meetings in Washington. The discussions are focused on global economic stability, funding, and ongoing reforms.

Pakistan's Finance Minister has departed for Washington, D.C., to attend the World Bank-IMF spring meetings scheduled from April 13 to 18.
Sri Lanka's former Finance Minister has publicly criticized the Central Bank's oversight following a significant fraud incident involving NDB.

Maria Karystianou has accused H. Sevastidis of complicity in a cover-up ahead of the Tempi trial, while the Greek Finance Minister has announced that the state will not challenge court damages related to the Tempe train tragedy.

An International Monetary Fund (IMF) mission has started technical-level discussions with the State Bank of Pakistan in Karachi for the third review of the $7 billion Extended Financing Facility.