• About
  • Advertise
  • Privacy & Policy
  • Contact
  • Home
  • World
  • Diplomatic
  • Sports
    • Cricket
  • National
  • Business
  • Crime & Justice
  • Entertainment
  • Lifestyle
  • Environment
    • CPEC
No Result
View All Result
  • Home
  • World
  • Diplomatic
  • Sports
    • Cricket
  • National
  • Business
  • Crime & Justice
  • Entertainment
  • Lifestyle
  • Environment
    • CPEC
No Result
View All Result
No Result
View All Result
Home Business

Asset disclosure law enacted under IMF commitments: Finance minister

by Sub News
December 13, 2025
Asset disclosure law enacted under IMF commitments: Finance minister
Share on WhatAppShare on XShare on Facebook

Lahore, December 13,2025: Federal Minister for Finance Senator Muhammad Aurangzeb on Saturday said that legislation mandating the disclosure of government employees’ assets had already been enacted in line with Pakistan’s commitments to the International Monetary Fund (IMF).

Addressing a ceremony in Lahore, the minister said the IMF had called for greater transparency regarding the assets of public servants, adding that this requirement was fulfilled as a practical reform measure rather than an additional condition of the programme.

He said the assets of civil servants and all parliamentarians are published annually on a government website on December 31.

Speaking on economic growth, Aurangzeb said job creation was not the government’s direct responsibility, stressing that the private sector must play a leading role in generating employment. He said the government’s role was to facilitate businesses and create a supportive environment for economic activity.

Highlighting ongoing reforms, the finance minister said the expansion of the digital economy and e-commerce had boosted business activity across the country. He added that efforts to broaden the tax base and provide facilitation to taxpayers had helped build trust, while the introduction of automated tax collection systems had enhanced transparency and public confidence.

Aurangzeb credited Prime Minister Shehbaz Sharif’s economic team for reform-oriented measures that, he said, had led to a noticeable reduction in corruption, adding that inflation remained under control.

He said Pakistan was moving towards sustainable development, noting that improved economic indicators reflected investor-friendly policies and structural reforms. The revival of local industries and growing confidence among investors and traders had contributed to overall business growth, he added.

Referring to the digital economy, the minister said Pakistan must continue to move in this direction, adding that agreements to grant licences to crypto exchanges would further strengthen the financial sector.

He said more than 25 million Pakistanis were engaged in crypto-related activities, most of them young people, and expressed confidence that these developments would help move the economy and the country forward.

Tags: Asset disclosurecrypto-related activitiesEconomic GrowthEconomyFinance MinisterFinance Minister Muhammad AurangzebIMFInternational Monetary FundLahoreMuhammad AurangzebPakistanPrime Minister Shehbaz Sharif
Previous Post

NJPMC seeks mechanism to address non-production of detainees within 24 hours

Next Post

Pakistan Army tops medal tally as 35th National Games conclude in Karachi

Related Posts

Petrol pump owners call off nationwide strike after government assurances
Business

Petrol pump owners call off nationwide strike after government assurances

Islamabad, July 22, 2026: The All Pakistan Petrol Pumps Owners Association (APPPOA) on Wednesday called off its planned nationwide strike...

by Sub News
July 22, 2026
ICCI secures PEMRA FM radio licence to promote business, investment
Business

ICCI secures PEMRA FM radio licence to promote business, investment

Islamabad, July 22, 2026: The Islamabad Chamber of Commerce and Industry (ICCI) has been granted an FM Radio licence by...

by Sub News
July 22, 2026
NAB holds orientation session for Islamabad judiciary on money laundering investigations
Crime & Justice

NAB holds orientation session for Islamabad judiciary on money laundering investigations

Islamabad, July 22, 2026: The Pakistan Anti-Corruption Academy (PACA), operating under the National Accountability Bureau (NAB), organised its fourth one-day...

by Sub News
July 22, 2026
FPCCI rejects allegations of visa sales and human smuggling involving its office-bearers
Business

FPCCI rejects allegations of visa sales and human smuggling involving its office-bearers

Islamabad, July 21, 2026: President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Atif Ikram Sheikh, has...

by Sub News
July 21, 2026
Next Post
Pakistan Army tops medal tally as 35th National Games conclude in Karachi

Pakistan Army tops medal tally as 35th National Games conclude in Karachi

Breaking News

  • Iran warns of regional retaliation as Trump threatens strikes over Hormuz attacks
  • Babar Azam rises to sixth in latest ICC ODI batting rankings
  • Spain-Argentina World Cup final draws record 63 million US viewers
  • The DP World ILT20 has created a pathway for UAE cricketers: Muhammad Rohid
  • Petrol pump owners call off nationwide strike after government assurances
Sub News

© 2026 subnewsenglish.com

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Follow Us

No Result
View All Result
  • Home
  • World
  • Diplomatic
  • Sports
    • Cricket
  • National
  • Business
  • Crime & Justice
  • Entertainment
  • Lifestyle
  • Environment
    • CPEC

© 2026 subnewsenglish.com

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.