Ministry of Finance Dismisses Speculative Reports Regarding Shift in Federal Budget Making Authority to Deputy Prime Minister
State officials explicitly reject misleading media coverage claiming the deputy prime minister has taken over the upcoming federal budget preparation process affirming full institutional control rests with the finance division.
Pakistan Eyes 1.4 Billion Dollar IMF Inflow Today as Budget Planning Intensifies
The IMF Executive Board meets today to consider a 1.2 billion dollar disbursement for Pakistan, alongside 200 million dollars in climate-focused RSF funding.
Pakistan Expands Treasury Single Account to 287 Entities in Major Public Finance Overhaul
The Ministry of Finance issues a landmark notification extending the Treasury Single Account to 221 current and 66 new entities to centralize federal cash management.
Finance Minister Muhammad Aurangzeb Convenes High Level Meeting to Bolster Financial Sector Cybersecurity
Federal Minister Senator Muhammad Aurangzeb leads a strategic virtual session with bank CEOs to strengthen Pakistans cyber resilience against AI-driven financial threats.
Ministry of Finance Orders Immediate Surrender of Unspent Funds to Finalize FY2025-26 Revised Estimates
The Finance Division mandates all federal departments to report savings by May 10 as part of a fiscal cleanup to prepare the upcoming budget and reallocate PSDP funds.
Government of Pakistan Raises Rs114 Billion Through Third Hybrid Sukuk Auction
The Ministry of Finance successfully raised Rs114.347 billion via a Hybrid Sukuk auction at PSX, reflecting strong demand for Shariah-compliant instruments.
Pakistan Pledges TSA Consolidation to IMF as Finance Ministry Uncovers Rs1 Trillion Parked in Commercial Accounts
The Government of Pakistan commits to the IMF to bring 70 new public entity accounts under the Treasury Single Account to improve cash management and fiscal transparency.
Pakistan Government Slashes Development Spending to Rs837 Billion to Meet IMF Targets
The federal government has reduced the Public Sector Development Programme by Rs172.8 billion to manage fiscal pressures and fulfill IMF primary surplus requirements.
Government Transfer National Savings Operations to Debt Management Office for Improved Efficiency
The Finance Division officially shifts CDNS from the Budget Wing to the Debt Management Office to streamline government debt management and public saving schemes.
Prime Minister Directs Currency Swap Agreements with EU Russia and Iran to Reduce Dollar Reliance
The Prime Minister Office orders the Finance Ministry to finalize currency swap deals with the EU, Russia, and Iran to strengthen regional trade and ease dollar pressure.