July 5, 2024
Finance

Pakistan President Zardari gives his assent to tax-laden Finance Bill criticised by opposition

Pakistan President Asif Ali Zardari on June 30 gave his assent to the government’s tax-heavy Finance Bill 2024, which drew sharp criticism from the Opposition which labelled it as an IMF-driven document that was harmful to the public for the new fiscal year, according to a media report. Finance Minister Muhammad Aurangzeb presented the Budget

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Finance

Pakistan PM to choose banker Aurangzeb as finance minister, sources say

The CEO of Pakistan’s largest bank was picked as a federal minister in the country’s new cabinet sworn in on Monday, and sources said he was set to be appointed finance minister. A national election last month resulted in no party holding a majority, after which a coalition alliance elected Shehbaz Sharif as prime minister

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