
Pakistan Seeks $10 Billion US Exchange Stabilization Fund
Pakistan's Finance Minister Muhammad Aurangzeb has requested a $10 billion Exchange Stabilisation Support Facility from the US Treasury, utilizing a powerful but lesser-known financial tool.
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Pakistan's Finance Minister Muhammad Aurangzeb has requested a $10 billion Exchange Stabilisation Support Facility from the US Treasury, utilizing a powerful but lesser-known financial tool.

Pakistan's Finance Minister Muhammad Aurangzeb arrived in Washington for a three-day visit to hold talks with US officials on trade, finance, and investment.

Finance Minister Muhammad Aurangzeb concluded the National Assembly debate on his third 'relief and growth' budget, with political rhetoric surrounding the budget being a central theme.

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 Muhammad Aurangzeb announced the government's commitment to reducing the tax burden on certain classes by broadening the tax net.

Pakistan's Finance Minister Muhammad Aurangzeb presented the Pakistan Economic Survey (PES) for FY2025-26, highlighting the resilience and discipline demonstrated during the previous year.

Pakistan's Finance Minister Muhammad Aurangzeb stated that the country possesses sufficient local financial capacity to address the impacts of climate change. A World Bank official also noted that the global economy has resources to bridge the climate financing gap.

International Monetary Fund (IMF) Managing Director Kristalina Georgieva met with Pakistan's Finance Minister Muhammad Aurangzeb and praised the country's continued progress on economic reforms and resulting macroeconomic stability under the Fund's program.

Pakistan's Finance Minister Muhammad Aurangzeb and Petroleum Minister Ali Pervaiz Malik are currently addressing a joint press conference, with Malik expressing gratitude to President Asif Zardari and provincial chief ministers.

The government’s 5G spectrum auction is underway in Islamabad, as Finance Minister Muhammad Aurangzeb and IT Minister Shaza Fatima Khawaja delivered speeches to open the event. During a background briefing held on Monday, Shaza Fatima, the Minister of IT and Telecom, stated that efforts have been made to ensure that all three stakeholders benefit from the spectrum auction. She added that mock exercises with all three participants — Jazz, Zong, and Ufone — have been completed. Telecom companie...
Pakistan's Finance Minister Muhammad Aurangzeb warns that a surging population threatens economic growth and job creation, emphasizing the private sector's role in employment.

US Treasury Secretary Scott Bessent met with Pakistan's Finance Minister Muhammad Aurangzeb and welcomed the country's progress in implementing economic reforms and preparing for a return to international capital markets.

Pakistan's Finance Minister Muhammad Aurangzeb is scheduled to visit Washington for three days to hold discussions with US officials on trade, finance, and investment.

A delegation from Chinese electric vehicle manufacturer BYD met with Pakistan's Finance Minister Muhammad Aurangzeb to discuss the country's potential as a market for new energy vehicles.

Pakistan's Finance Minister Muhammad Aurangzeb has requested parliamentary approval for a record Rs3.684 trillion in supplementary grants, revealing significant overspending that contradicts the government's claims of austerity and fiscal discipline.

Pakistan's federal budget for the upcoming fiscal year 2026-27 is scheduled to be presented in the National Assembly today by Finance Minister Muhammad Aurangzeb.

Pakistan's Finance Minister Muhammad Aurangzeb is scheduled to present the federal budget for the fiscal year 2026-27 in the National Assembly on June 12, as confirmed by an adviser to the minister.

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.

Pakistan's Finance Minister Muhammad Aurangzeb stated that the country is closely monitoring the Middle East situation, warning that a prolonged conflict involving Iran would have serious financial consequences for Pakistan and the global economy.

Pakistan's finance ministry announced on Wednesday that the country's fuel supply remains stable despite ongoing volatility in global oil markets, following a meeting chaired by Finance Minister Muhammad Aurangzeb.

FM Dar, Finance Minister Muhammad Aurangzeb announce policy changes in light of Mideast conflict

A delegation from Honeywell Technologies met with Pakistan's Finance Minister Senator Muhammad Aurangzeb to discuss a proposed plan. The plan aims to modernize and expand Pakistan's refinery sector.

Pakistan's Finance Minister Muhammad Aurangzeb announced that artificial intelligence will be used to develop a new tax model. This initiative aims to modernize the tax system and prioritize small and medium-sized enterprises (SMEs).

Finance Minister Muhammad Aurangzeb has described the launch of the Asaan Tax scheme for traders as a 'paradigm shift,' emphasizing the government's commitment to widening the tax net.

Pakistan's Finance Minister Muhammad Aurangzeb held a press conference to provide further details about the proposed budget for FY26-27, highlighting significant progress towards economic growth.

The Pakistani government has reported a reduction in tax exemptions for the outgoing fiscal year, marking the first such decline in recent years, according to the Pakistan Economic Survey 2025-26 unveiled by Finance Minister Muhammad Aurangzeb.

Pakistan's Finance Minister Muhammad Aurangzeb announced a new scheme aimed at bringing small shop owners with annual earnings under Rs20 million into the tax net.

Pakistan's Finance Minister Muhammad Aurangzeb has secured a $3 billion deposit extension from Saudi Arabia and is pitching Panda bonds in meetings with Chinese, IMF, and Moody's officials as the country eyes a return to global capital markets.

Pakistan's Finance Minister Muhammad Aurangzeb met with World Bank Vice President Jorge Familiar Calderon, requesting enhanced technical support and training for the country's Debt Management Office.

Pakistan's Finance Minister Muhammad Aurangzeb emphasized the need for a more balanced financial system where capital markets complement the banking sector to meet the economy's financing needs.

Pakistan's Finance Minister Muhammad Aurangzeb has cautioned over oil stocks due to global uncertainty stemming from the US-Israel and Iran war, but stated there is no emergency-like situation in the country.