Islamabad Pakistan's Finance Minister Muhammad Aurangzeb said on Thursday the government hoped to reach a deal with the IMF this month to secure a new bailout package, and claimed talks with the global lender were progressing "positively." .Dollar-hungry Pakistan is turning its back on the...
Islamabad, Pakistan Finance Minister Muhammad Aurangzeb warned that the cash-strapped country will continue to seek bailouts from the IMF if it fails to raise tax revenues, according to a media report on Monday.The Pakistan Muslim League-Nawaz (PML-N) leader, in an interview with the UK-based...
Islamabad, Weeks after slashing fuel prices ahead of the Eid ul Adha festival, Pakistan's cash-strapped government on Monday sharply increased its prices for the coming fortnight as the new fiscal year begins.According to a notification, prices of petrol and high speed diesel (HSD) increased...
Islamabad Pakistan Finance Minister Muhammad Aurangzeb on Sunday admitted that people were stressed due to new taxes imposed in the budget after his revenue measures were criticized by almost everyone.His comments came as President Asif Ali Zardari gave his assent to the tax-laden Finance Bill...
Islamabad, Pakistan's cash-strapped Parliament on Friday approved a Rs 18,877-crore budget for fiscal year 2024-25, amid protests from the opposition that called it an IMF-driven document that was detrimental to the public.The Finance Bill 2024, which details government expenditure and...
ISLAMABAD: Pakistan Finance Minister Mohammad Aurangzeb on Thursday said an agreement is expected next month with the International Monetary Fund to secure a new loan to address the country's economic problems.Addressing a post-budget press conference here a day after unveiling the Rs 18,877...
ISLAMABAD [Pakistan], Citing expiry of contract, Pakistan Steel Mills on Wednesday dismissed 562 daily wage workers, according to ARY News.According to a statement from the manager in-charge of Pakistan Steel Mills, all daily wage workers have been laid off and will not be rehired.According...
Kullu (Himachal Pradesh) [India], Uttar Pradesh Chief Minister Yogi Adityanath on Thursday said Kangana Ranaut, the BJP candidate from Himachal Pradesh's Mandi Lok Sabha seat, is "a symbol of the devotion of Meera Bai and the bravery of Maharani Lakshmi Bai". The devotion of Queen Padmini, the...
CHANDIGARH: Uttar Pradesh Chief Minister Yogi Adityanath on Monday said the spirit of Mughal emperor Aurangzeb has entered the Congress, attacking the party on the inheritance tax issue and urging people not to let a "second Aurangzeb" be born. .Addressing his first political rally in...
Malegaon (Maha), Uttar Pradesh Chief Minister Yogi Adityanath on Saturday took a dig at the Congress over the alleged proposal to implement inheritance tax, saying that the spirit of Mughal emperor Aurangzeb has entered the oldest party.He compared the inheritance tax to the 'Jizya' tax...
Malegaon (Maharashtra), Uttar Pradesh Chief Minister Yogi Adityanath on Saturday targeted Congress over the alleged proposal of presenting legacy and said that the spirit of Mughal emperor Aurangzeb has entered the oldest party.He said that inheritance tax is like 'Jizya' tax imposed by...
LAHORE: Cash-starved Pakistan is getting ready to negotiate with the International Monetary Fund for a new bailout package, with Finance Minister Muhammad Aurangzey on Sunday saying privatization is necessary to achieve economic stability in the country.Speaking at the Pre-Budget Conference...
ISLAMABAD: A top Pakistan court on Thursday reserved its verdict on a plea by former Prime Minister Imran Khan's wife Bushra Bibi seeking transfer of her to the high-security Adiala jail, where her husband was imprisoned.Pakistan Tehreek-e-Insaf (PTI) founder Khan, 71, is being held in...
Pune (Maharashtra) [India], Shiv Sena (UBT) MP Sanjay Raut on Sunday took a dig at Prime Minister Narendra Modi's Indian faction of "five prime ministers in five years" and said they will make two or even four prime ministers. year, but will not let the country slide towards "dictatorship"...
ISLAMABAD: Pakistan's foreign exchange reserves will reach "between USD 9 to 10 billion" by the end of June, Finance Minister Muhammad Aurangzey said on Tuesday, underlining that the cash-strapped country's economy continues to be on the right track. Moving forward.Aurangzeb made the remarks...
Addressing a business summit here, Aurangzeb said that despite domestic and foreign challenges, Pakistan has adopted a holistic approach to improve economic indicators, indicating an optimistic outcome for the economy, Xinhua news agency reported. .Over the past few months, the country's...
ISLAMABAD [Pakistan], Finance Minister Muhammad Aurangzeb on Sunday said privatization of Pakistan International Airlines (PIA) is expected to happen by the end of June or early July, with Islamabad airport likely to hit the needle soon, Dawn reported. Speaking during a briefing at the Pakistan...
ISLAMABAD: Pakistan Finance Minister Muhammad Aurangzeb has said an IM team will be in Islamabad next month to negotiate a new long-term bailout package to secure employee-level settlement for the cash-strapped country by mid-July. Hope to visit.Speaking to the media after his week-long visit...
Washington/Islamabad Pakistan has made a formal request to the IMF seeking the next bailout package of US$6 to 8 billion with the possibility of an increase through climate financing, a media report said on Saturday.Cash-strapped Pakistan also requested to send an International Monetary Fund...
Washington: The US has urged Pakistan to "prioritize and expand economic reforms" during a meeting with Finance Minister Muhammad Aurangzeb to address the cash-strapped country, a senior State Department official said. Can solve the "economic challenges" facing the country.US State Department...