Skip to content
Pakistan Times Today

Results for “Finance Minister” (149)

Alina Hashmi Posted in World

Smotrich repeats call to replicate West Bank settlement policies in additional areas

Israel’s finance minister has vowed to expand West Bank settlement policies to northern and southern Israel, in response to an alleged espionage case reported by Israeli media. “It’s time to bring the revolution in Judea and Samaria to the Galilee and the Negev, in order to save the State of Israel from the next October 7,” Bezalel Smotrich said on X. He referred to Judea and Samaria to mean the occupied West Bank, Negev for southern Israel and Galilee for the north. Read More…

0 Comments

Alina Hashmi Posted in World

Iran says finalised Russia deal to boost trade and ‘increase resilience to sanctions’

Iranian Finance Minister Seyed Ali Madanizadeh says Iran and Russia have reached an agreement that would “create new openings” and “increase Iran’s resilience to sanctions,” Fars news agency reports. This comes after Madanizadeh said on Sunday during his visit to Moscow that the two countries were finalising a previously reached economic deal. Read More…

0 Comments

Syeda Mubeena Hashmi Posted in World

Smotrich Unveils Plan Ahead of Israel Elections

JERUSALEM: Far-right Israeli Finance Minister Bezalel Smotrich on Thursday announced a plan to significantly increase the Jewish population in the Negev and Galilee, areas with large Arab-Israeli communities. With elections approaching, Smotrich said his Religious Zionism party intended to replicate what he described as a “revolution” in the occupied West Bank, where Israeli settlement construction has expanded sharply. He said the initiative would bring similar changes to the Negev and Galilee on a larger scale. Read More…

0 Comments

Hafsa Mustafa Posted in Politics

Saudi Arabia rolls over $5bn deposits with Pakistan for three years

Saudi Arabia has rolled over $5 billion in deposits for three years, top officials confirmed on Wednesday. Finance Minister Muhammad Aurangzeb confirmed the development, while, State Bank of Pakistan (SBP) Governor Jameel Ahmed also disclosed the same while speaking to reporters outside Parliament House. The rollover will help Pakistan reduce pressure on its external account as it manages foreign debt repayments in the current fiscal year. Read More…

0 Comments

Hafsa Mustafa Posted in Politics

Punjab unveils FY27 budget with total outlay of Rs5.9tr

Punjab Finance Minister Mian Mujtaba Shuja-ur-Rehman on Tuesday unveiled a "people-friendly" budget for the financial year 2026-27, with a total outlay of around Rs5.9 trillion, marking a 10.7% increase over the previous year. The provincial government presented a Rs5,903.46 billion (Rs5.90 trillion) budget for the upcoming fiscal year, as Chief Minister Maryam Nawaz Sharif, provincial ministers and members of the provincial assembly attended the budget session. Read More…

0 Comments

Hafsa Mustafa Posted in Politics

Govt eyes more global bond issues, sees budget upside from Iran deal

Pakistan could improve economic projections for 2027 after the end of the US war on Iran, but it is still too early to revise the budget, Finance Minister Muhammad Aurangzeb told Reuters, hours after the US and Iran signed a deal to end the fighting. Damaged energy infrastructure meant supply chains would take time to return to normal, after the conflict pushed inflation back into double digits, Aurangzeb said. Read More…

0 Comments

Hafsa Mustafa Posted in Politics

Govt presents Rs18.7 trillion budget under shadow of Mideast crisis

Finance Minister Muhammad Aurangzeb on Friday presented a budget with a total outlay of Rs18.7 trillion as the federal government tries to balance a fragile economic situation due to an energy crisis amid the Middle East tensions. Largest share of budget to go into debt servicing, says finance minister, while Rs3tr allocated for defence and Rs1 trillion for the federal development programme. Read More…

0 Comments

Hafsa Mustafa Posted in Politics

Pakistan's economy size reaches ‘highest-ever' level but misses growth target

Pakistan’s gross domestic product (GDP) hit its highest-ever size, but the South Asian nation missed its growth target due to external shocks, Finance Minister Muhammad Aurangzeb said on Thursday. “The GDP […] hit $452.1 billion, which is the highest ever in the country’s history,” the finance czar told a press conference in Islamabad as he unveiled the Economic Survey 2025-26, ahead of the upcoming fiscal year’s budget. Read More…

0 Comments

Hafsa Mustafa Posted in World

Ireland bans two Israeli ministers from entering country: Ministry

Ireland on Friday barred Israel’s national security minister and finance minister from entering the country over the war in Gaza. Justice Minister Jim O’Callaghan "has instructed immigration officers to refuse entry to Itamar Ben-Gvir — Minister for National Security of Israel, and Bezalel Smotrich, Minister of Finance of Israel — should they seek to enter the state," said a justice ministry statement sent to AFP. Read More…

0 Comments