Next budget will be presented under Finance Division: Aurangzeb

Date:

PESHAWAR: Finance Minister Muhammad Aurangzeb on Thursday said that the next budget will be presented by the Tax Policy Office under the Finance Division.

Addressing Pakistan Business Summit in Peshawar finance minister said that Pakistan has to pay 1.3 billion US dollars for Eurobond in April 2026.

Pakistan has repaid its $500 million Eurobond that matured on September 30, 2025, in line with its obligations, finance minister said.

Pakistan’s debt sustainability metrics have improved and have been in a stronger position.

He said Pakistan’s foreign remittances are increasing and expected to hit 43 billion dollars.

Finance Minister said that the policy rate and expenditures are going down, and it could further drop.

admin
adminhttps://dailyeveningnews.pk
Daily Evening News is a trusted digital news platform delivering breaking news, latest updates, and in-depth coverage from Pakistan and around the world. We are committed to accurate, timely, and unbiased journalism, keeping our readers informed about politics, business, sports, technology, entertainment, and current affairs

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Karachi Winter Expected to Begin in Mid-December: PMD

Karachi is likely to experience winter conditions from mid-December,...

Maulana Fazlur Rehman Says Pakistan Belongs to All Citizens

Addressing the National Assembly, the JUI-F chief criticises the...

Security forces kill nine India-sponsored terrorists in Balochistan IBOs: ISPR

Seven militants were reported killed in Kachhi and two...

US Warns Gulf Allies of Possible Iran Campaign After Midterms: Report

A reported US military option involving a short, intense...