Finance Division to lead Pakistan’s next budget
PESHAWAR: Finance Minister Muhammad Aurangzeb announced on Thursday that the upcoming budget will be prepared and presented by the Tax Policy Office under the Finance Division.
Speaking at the Pakistan Business Summit in Peshawar, Aurangzeb revealed that Pakistan will repay $1.3 billion Eurobond in April 2026, adding that the country had already cleared its $500 million Eurobond maturing on September 30, 2025.
The minister emphasized that Pakistan’s debt sustainability metrics have strengthened, while foreign remittances are projected to reach $43 billion.
He further noted that the policy rate and expenditures are gradually decreasing, which could provide additional relief to the economy.
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