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The Ministry of Finance is a cabinet-level ministry of the government of Pakistan that is in charge of government finance, fiscal policy, and financial regulation. A Finance Minister, an executive or cabinet position heads it. The Minister is responsible each year for presenting the federal government's budget to the Parliament of Pakistan.
Muhammad Aurangzeb (born 1964) is a Pakistani banker who has been serving as the finance minister of Pakistan since 11 March 2024. [1] [2] He previously served as the chief executive officer (CEO) and president of Habib Bank Limited from February 2018 to March 2024. [3]
The federal finance secretary is one of the most powerful bureaucrats in the country. Being the head of the Finance Division, the secretary plays an important part in shaping the country's economic and financial policies. [1] The position holder is a BPS-22 grade officer, usually belonging to the Pakistan Administrative Service.
The Minister of Finance of Pakistan (Urdu: 'Wazīr-ē-Khazana') is a leading cabinet member who heads the Ministry of Finance in the Government of Pakistan.The Minister is responsible each year for presenting the federal government's budget to the Parliament of Pakistan.
The National Finance Commission Award or NFC is a series of planned economic programs in Pakistan enacted since 1951. [1] Constituted under the Article 160 of the Constitution, the program was emerged to take control of financial imbalances and equally managed the financial resources to four provinces to meet their expenditure liabilities while alleviating the horizontal fiscal imbalances. [2]
Pakistan will focus on meeting its external financing needs by speaking with foreign governments and lenders to draw foreign investment as well as seeking loan rollovers, the country's finance ...
Established as the Central Board of Revenue on 1 April 1924 through enactment of the "Central Board of Revenue Act, 1924".In 1944, the CBR was put under the Revenue Division with the Ministry of Finance until 1960, when on the recommendations of the "Administrative Reorganization Committee", the CBR was made into a division of the Ministry of Finance.
The 2023–24 Pakistan federal budget was the Federal Budget implemented by the government of Pakistan for the fiscal year 2023–24. The revised budget was presented to Parliament on 25 June 2023 after Finance Minister Ishaq Dar introduced new taxation measures and expenditure cuts.