Finance Minister Muhammad Aurangzeb has said that the ongoing Middle East situation has affected Pakistan’s economy. He said detailed economic facts will be presented in the upcoming economic survey. The remarks come as policymakers assess fiscal pressure and affect economic planning and public expectations. Speaking in the Senate, the finance minister said global developments have […]
Muhammad Aurangzeb statement
Aurangzeb promises relief-focused federal budget
Federal Finance Minister Muhammad Aurangzeb said the government is trying to minimise the financial burden on citizens in the upcoming federal budget. He stated that authorities are focusing on economic stability while continuing efforts to reduce inflation. His remarks came during a media interaction in Kamalia. Aurangzeb said the government plans to prioritise enforcement and […]
Pakistan crosses 8000 MW solar milestone
Federal Finance Minister Muhammad Aurangzeb has said that Pakistan’s solar energy capacity has reached 8000 megawatts. He stated that the country aims to further increase the share of renewable energy in its power mix. He highlighted this progress while speaking at a panel discussion on Pakistan’s economy at Harvard University. He said the recent Middle […]
Energy crisis may last months, warns Aurangzeb
Finance Minister Muhammad Aurangzeb warned that the global energy crisis could persist for months, even after a ceasefire in the Gulf. He cited widespread damage to energy infrastructure and ongoing attacks as key factors delaying recovery. The minister addressed parliament while responding to lawmakers’ questions on the situation. Aurangzeb said that normalising the global energy […]
IFN honours Pakistan for $1 billion Islamic deal
Pakistan has secured two prestigious honours at the Islamic Finance News (IFN) Deals of the Year Awards 2025: IFN Pakistan Deal of the Year 2025 and IFN Syndicated Finance Deal of the Year 2025. The recognition comes after the successful US$1 billion syndicated Islamic financing, marking a major milestone in the country’s Shariah-compliant financing capabilities. […]
Aurangzeb stresses stronger buffers to protect Pakistan’s economy
Finance Minister Muhammad Aurangzeb said Pakistan needs stronger fiscal and external buffers to face global uncertainties. He highlighted geopolitical tensions, trade fragmentation, and supply chain adjustments as key risks. Aurangzeb stressed the government is working to ensure macroeconomic stability remains intact. Addressing an event on Wednesday, Aurangzeb said Pakistan, like other emerging markets, is on […]