TRADE & ECONOMY
Federal Finance Minister Mohammad Aurangzeb has announced significant developments regarding Pakistan's economic reforms, including an imminent agreement on a new IMF loan program by the end of this month. Speaking at the Senate Committee on Finance, Aurangzeb discussed positive progress in negotiations with the IMF, plans for military pension reforms, and measures to streamline government expenditure by abolishing ministries. He emphasized the necessity of broadening the tax base in alignment with IMF recommendations to strengthen fiscal stability.