'Interest rates reduced significantly, further decrease possible': Finance Minister

'Interest rates reduced significantly, further decrease possible': Finance Minister

Finance Minister Muhammad Aurangzeb has stated that there has been a significant reduction in interest rates and, in his opinion, there is room for further reduction. In a press conference held in Islamabad, he said that economic stability had been achieved in the country, which is crucial for economic development. He also noted significant improvements on the external front, with remittances expected to exceed 36 billion dollars this year. The …

Attaullah Tarar credits COAS for economic stability in Pakistan

Minister for Information and Broadcasting, Attaullah Tarar, Sunday credited Chief of Army Staff (COAS) General Asim Munir for economic stability in Pakistan.  Army Chief General Asim Munir is playing a pivotal role in stabilising Pakistan’s economy, Tarar said while addressing a ceremony in Lahore. The minister further remarked that when Prime Minister Shehbaz Sharif took charge, the situation was dire, and adversaries were waiting for the count…

Aurangzeb talks about approach to economy

Finance minister says country’s foreign exchange reserves to reach $13 billion by June end

In search of new customers, banks are competing with each other in offering loans with fixed interest rates for 3 or 5 years. There is interest, especially among those who want to refinance an older loan.

Pakistan Aims for Export and Productivity-Led Growth for Sustainable Development, Says Finance Minister - Republic Policy

Pakistan’s Finance Minister, Muhammad Aurangzeb, announced on Saturday that the country is shifting its focus toward an export and productivity-driven growth model to ensure long-term economic sustainability. During a press conference, the minister emphasized the need for expanding exports across all sectors and expressed satisfaction with the progress made in the auto industry, which has started exporting in the past two months. Aurangzeb highl…