{"id":22021,"date":"2025-11-05T14:26:48","date_gmt":"2025-11-05T09:26:48","guid":{"rendered":"https:\/\/dailyrapidnews.com\/eng\/?p=22021"},"modified":"2025-11-05T14:26:51","modified_gmt":"2025-11-05T09:26:51","slug":"google-to-open-office-in-pakistan-announces-finance-minister","status":"publish","type":"post","link":"https:\/\/dailyrapidnews.com\/eng\/2025\/11\/05\/google-to-open-office-in-pakistan-announces-finance-minister\/","title":{"rendered":"Google to open office in Pakistan, announces finance minister"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Federal Finance Minister Senator Muhammad Aurangzeb on Wednesday announced that Google will open an office in Pakistan, calling it a significant step toward transforming the country into a regional information technology hub.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Speaking to industrialists at the Karachi Chamber of Commerce, the minister said he recently met Google executives in Islamabad, who expressed a strong interest in helping Pakistan build a digital ecosystem. \u201cThey want to make Pakistan an IT hub,\u201d Aurangzeb said, adding that the move reflects growing international confidence in Pakistan\u2019s economy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Aurangzeb highlighted that over the past one and a half years, the government has been actively implementing reforms in taxation, energy, state-owned enterprises (SOEs), privatization, and public finance.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">He noted that the new $14.5 million investment arriving in Pakistan is particularly significant, sending a message to all stakeholders\u2014including local and international partners\u2014to \u201cstay together\u201d for sustained progress.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The finance minister underscored that population growth and climate change are two major challenges for Pakistan, urging immediate attention to the population issue.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Federal Finance Minister Senator Muhammad Aurangzeb on Wednesday announced that Google will open an office<\/p>\n","protected":false},"author":1,"featured_media":22022,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[2,215,19],"tags":[],"class_list":["post-22021","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-latest","category-pakistan"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.4.1 - 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Speaking to Bloomberg TV and Reuters on the sidelines of the annual meetings of the\u2026","rel":"","context":"In &quot;latest&quot;","img":{"alt_text":"Pakistan expects its economy to grow by more than 4% during the current fiscal year despite higher oil prices and economic risks linked to the prolonged Middle East conflict, Finance Minister Muhammad Aurangzeb has said. Speaking to Bloomberg TV and Reuters on the sidelines of the annual meetings of the International Monetary Fund (IMF) and World Bank in Bangkok, Aurangzeb outlined the government's strategy to stabilise the economy, manage external debt repayments, attract investment and accelerate privatisation. He said Pakistan had secured adequate fuel supplies without shortages, while critical sectors such as agriculture were holding up despite external pressures. Pakistan targets growth above 4% Aurangzeb said he remained confident that Pakistan's economy could record growth of more than 4% in the current fiscal year, even as elevated oil prices create challenges for the country's economic outlook. Pakistan remains vulnerable to a prolonged Middle East conflict because it depends heavily on Gulf energy imports, remittances and financing support from the region. The country also continues to rely on external financing to strengthen foreign exchange reserves and meet debt repayment obligations. The finance minister said the government was closely monitoring inflation because movements in prices can have knock-on effects on commodity costs and broader economic stability. He stressed that maintaining inflation, foreign exchange reserves and the policy rate at appropriate levels was essential to safeguarding economic stability. Pakistan expands access to int'l capital markets In his interview with Bloomberg TV, Aurangzeb said Pakistan's debt strategy was designed to broaden access to global capital markets while easing pressure from external debt repayments. Pakistan returned to international capital markets after a four-year hiatus, issuing $3 billion in Eurobonds approximately three weeks before the interview. Demand for the issuance was twice the amount offered, reflecting interest from investors across Asia, the Middle East, Europe and the United States.","src":"https:\/\/i0.wp.com\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2026\/10\/Pakistan-GDP-growth-to-exceed-4-this-year-Aurangzeb.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":21237,"url":"https:\/\/dailyrapidnews.com\/eng\/2025\/04\/22\/finmin-aurangzeb-vows-to-continue-cooperation-with-us-in-minerals-sector\/","url_meta":{"origin":22021,"position":1},"title":"FinMin Aurangzeb vows to continue cooperation with US in minerals sector","date":"April 22, 2025","format":false,"excerpt":"Federal Finance Minister Mohammad Aurangzeb held significant meetings on the opening day of the IMF and World Bank spring meetings in Washington. In his meeting with IMF Managing Director Kristalina Georgieva, the Finance Minister reaffirmed Pakistan's commitment to continuing reforms. He also extended an invitation from Prime Minister Shehbaz Sharif\u2026","rel":"","context":"In &quot;latest&quot;","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2025\/04\/a-7.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":20433,"url":"https:\/\/dailyrapidnews.com\/eng\/2024\/11\/12\/in-meeting-with-imf-team-pakistan-vows-to-fully-implement-7bn-loan-program\/","url_meta":{"origin":22021,"position":2},"title":"In meeting with IMF team, Pakistan vows to fully implement $7bn loan program","date":"November 12, 2024","format":false,"excerpt":"The second day of discussions between Pakistan and the International Monetary Fund (IMF) took place at the Ministry of Finance, where both parties reviewed Pakistan's progress on the $7 billion loan program. The IMF delegation, led by mission chief Nathan Porter, was welcomed by Federal Finance and Revenue Minister Muhammad\u2026","rel":"","context":"In &quot;Business&quot;","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2024\/11\/a-19.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":21253,"url":"https:\/\/dailyrapidnews.com\/eng\/2025\/04\/30\/finmin-aurangzeb-hints-at-final-imf-programme-if-reforms-succeed\/","url_meta":{"origin":22021,"position":3},"title":"FinMin Aurangzeb hints at final IMF programme if reforms succeed","date":"April 30, 2025","format":false,"excerpt":"Federal Finance Minister Muhammad Aurangzeb on Wednesday expressed optimism, stating that if the current reform agenda is implemented effectively, it may be the final time the country seeks assistance from the International Monetary Fund (IMF). Speaking at a budget seminar in Karachi, the finance minister said that while signs of\u2026","rel":"","context":"In &quot;Business&quot;","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2025\/04\/a-3.gif?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":14816,"url":"https:\/\/dailyrapidnews.com\/eng\/2022\/04\/19\/the-pakistan-media-development-authority-abolished-by-the-government\/","url_meta":{"origin":22021,"position":4},"title":"The Pakistan Media Development Authority abolished by the government.","date":"April 19, 2022","format":false,"excerpt":"Marriyum Aurangzeb, the Federal Information Minister, announced the abolition of the Pakistan Media Development Authority (PMDA) on Tuesday, calling it a controversial agency that suppressed the media's voice. She told the media in Islamabad that freedom of expression is a right that every Pakistani has and that it will not\u2026","rel":"","context":"In &quot;latest&quot;","img":{"alt_text":"The Pakistan Media Development Authority abolished by the government.","src":"https:\/\/i0.wp.com\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2022\/04\/Capture-19.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":15530,"url":"https:\/\/dailyrapidnews.com\/eng\/2022\/05\/05\/imran-khans-charges-will-be-investigated-by-an-inquiry-commission\/","url_meta":{"origin":22021,"position":5},"title":"Imran Khan&#8217;s charges will be investigated by an inquiry commission.","date":"May 5, 2022","format":false,"excerpt":"Marriyum Aurangzeb, the Minister for Information and Broadcasting, announced on Thursday that the government has decided to set up a commission to investigate claims of a foreign conspiracy levelled by Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan. She was speaking at a press conference in this city when she stated that\u2026","rel":"","context":"In &quot;trending&quot;","img":{"alt_text":"Imran Khan's charges will be investigated by an inquiry commission.","src":"https:\/\/i0.wp.com\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2022\/05\/Marriyum.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/posts\/22021","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/comments?post=22021"}],"version-history":[{"count":1,"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/posts\/22021\/revisions"}],"predecessor-version":[{"id":22023,"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/posts\/22021\/revisions\/22023"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/media\/22022"}],"wp:attachment":[{"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/media?parent=22021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/categories?post=22021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/tags?post=22021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}