ECC Approves Transfer of 100 Billion Rupees to Prime Minister’s Austerity Fund 2026
The Economic Coordination Committee directs ministries to surrender development funds to offset petroleum price shifts amid regional tensions.
Cabinet Committee Approves EXIM Bank Pakistan Procurement Policy 2025
Pakistan’s Cabinet Committee on State-Owned Enterprises approves the EXIM Bank Procurement Policy 2025 to streamline procurement operations and align governance with international standards.
Finance Division Releases Provisional Budget Ceilings for FY27 Highlighting Defence, FBR and Social Sector Spending
Pakistan’s Finance Division releases provisional budget ceilings for FY27, detailing allocations for defence, FBR, education, health, social protection, and foreign missions as part of early federal budget planning.
Pakistan and Germany discuss trade, investment and economic reforms to deepen bilateral cooperation
Pakistan and Germany reviewed bilateral economic cooperation, reform priorities, and taxation measures during a high-level meeting at the Finance Division, reaffirming long-term partnership and investor-focused reforms.
Pakistan Updates Public Finance Management Act to Improve Budget Discipline and Fiscal Control
The Finance Division has notified amendments to the Public Finance Management Act, 2019, strengthening fiscal discipline, budget oversight and public fund management in Pakistan.
Finance Division to Lead Pakistan’s Next Budget as FBR Steps Back from Tax Policy
Finance Minister Muhammad Aurangzeb announced that the Finance Division, not the FBR, will present Pakistan’s next federal budget. He also outlined reforms in tariff reduction, industrial policy, and capital market development, emphasizing long-term competitiveness and sustainable growth.