Aurangzeb confirms next budget will present Finance division
PESHAWAR: Finance Minister Muhammad Aurangzeb on Thursday said that the next budget will be presented by the Tax Policy Office under the Finance Division.
Addressing the Pakistan Business Summit in Peshawar, the finance minister said that Pakistan has to pay 1.3 billion US dollars for a Eurobond in April 2026.
Pakistan has repaid its $500 million Eurobond that matured on September 30, 2025, in line with its obligations, the finance minister said.
Pakistan’s debt sustainability metrics have improved, and it has been in a stronger position. He said Pakistan’s foreign remittances are increasing and expected to hit 43 billion dollars.
The Finance Minister said that the policy rate and expenditures are going down, and it could further drop.
