Muhammad Aurangzeb
Muhammad Aurangzeb is a Pakistani politician and veteran banker.
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Pakistan raises $750M via Eurobond, resumes international market access after 4 years
Pakistan increased its Eurobond issuance to $750 million from $500 million amid strong demand, marking a significant return to global markets after four years. This move reflects restored investor confidence and aims to support economic stability.
Pakistan wraps up $507m 5G spectrum auction amid multi-round bidding process
Pakistan's 5G spectrum auction ended with a $507 million bid for 480MHz, reflecting strong industry interest. The process involved multiple competitive rounds, demonstrating robust market engagement.
Pakistan’s Fan Industry Seeks Policy Support to Boost Exports and Energy Efficiency
Pakistan's electric fan industry, led by FPCCI and PEFMA, requested government policies to enhance exports and energy efficiency during a virtual meeting with Finance Minister Muhammad Aurangzeb. The sector aims for growth through targeted reforms, supported by the government’s commitment to sector development.
Pakistan Provinces Seek to Avoid Fuel Subsidy Costs Amid Price Stabilization Efforts
Pakistani provinces are resisting covering the Rs200 billion fuel subsidy costs, advocating for passing global oil prices to consumers. The federal government is coordinating measures like a new app-based fuel quota system to improve transparency and efficiency.
Punjab Govt to Sue Over Disputed $40M Jet Purchase for CM Maryam Nawaz
The Punjab government plans to sue individuals behind a negative campaign on the $38-42 million Gulfstream jet bought for Chief Minister Maryam Nawaz. This reflects tensions around government spending priorities amid poverty concerns and could escalate political discourse further.
Pakistan’s Finance Minister Urges Shift to a Balanced Financial System with Strong Capital Markets
Pakistan’s Finance Minister advocates for a shift to a balanced financial system, emphasizing the role of capital markets alongside banking. The aim is to foster economic stability and growth by strengthening capital markets in the country.
Pakistan Government Raises Petrol and Diesel Prices by Rs55 per Litre
The Pakistani government has increased petrol and diesel prices by Rs55 per litre. This move is expected to influence transportation costs and overall inflation.
Marriyum Aurangzeb Defends Punjab CM Over Jet Purchase Amid Controversy
Marriyum Aurangzeb has defended the Punjab Chief Minister's decision to purchase a luxury jet amidst widespread criticism. The controversy underscores ongoing debates over government spending during Pakistan's economic challenges.