Aurangzeb confirms next budget will present Finance division

PESHAWAR: Finance Minister Muhammad Aurangzeb on Thursday said that the Tax Policy Office will present the next budget under the Finance Division.

Addressing the Pakistan Business Summit in Peshawar, the finance minister stated that Pakistan will have to pay $ 1.3 billion 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 they could further drop.

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