finance minister
Finance Minister seeks adequate global support for flood-hit Pakistan
Finance Minister Ishaq Dar has emphasized the need to provide adequate support to Pakistan to enable it meet the challenges of recovery and rehabilitation in the aftermath of devastating floods in the country. He made there remarks came at a high level round table on “Pakistan’s Floods: Impact and Response” held in Washington. Finance Minister […]
Pakistan to get $2bn funds in flood support from World Bank
Minister for Finance and Revenue Senator Mohammad Ishaq Dar has said that the Government is cognizant of economic issues and is taking pragmatic steps to resolve bottlenecks to growth. He was talking to Country Director World Bank Najy Benhassine and his team in Islamabad on Saturday. The Finance Minister said that the present government is […]
ECNEC approves various infrastructure projects of national significance
Executive Committee of the National Economic Council, which met in Islamabad on Friday with Minister for Finance Ishaq Dar in the chair, approved various infrastructure projects of national significance. The forum approved a 500-KV Sialkot Substation project of Ministry of Energy (Power Division) funded by French Development agency at a total estimated cost of Rs […]
Ishaq Dar directs for timely completion of Saudi Development Fund’s Projects in country
Minister for Finance and Revenue Mohammad Ishaq Dar has directed the authorities concerned for timely completion of Saudi Development Fund’s Projects in the country. Chairing a meeting with Federal Minister Economic Affairs Sardar Ayaz Sadiq in Islamabad on Thursday, he directed to resolve any pending issues delaying the completion of these projects. During meeting, it […]
Finance Minister lauds Saudi government’s support for investment projects in Pakistan
Finance Minister Muhammad Ishaq Dar has expressed deep gratitude to Saudi government over unstinted support for pursuing investment projects in Pakistan. He expressed these views during meeting with Ambassador of Kingdom of Saudi Arabia, Nawaf Bin Said Al-Malki who called on him in Islamabad on Wednesday. Finance Minister extended warm welcome to the Ambassador of […]
Senator Ishaq Dar nominated as next Finance Minister
An important meeting of PML-N was held in London with party Chief Muhammad Nawaz Sharif in the chair. Overall political and economic situation of the country was discussed in the meeting. On the occasion, Finance Minister Miftah Ismail submitted his resignation to party Chief Muhammad Nawaz Sharif. The party Chief appreciated Miftah Ismail’s efforts to […]
Finance Minister terms rehabilitation of flood affectees major challenge
Federal Minister for Finance Miftah Ismail says rehabilitation of flood affectees is the biggest challenge for incumbent government. Speaking at a meeting with delegation of business community in Lahore on Sunday, he said country is facing worst catastrophe during this flood and restoration of damaged infrastructure is prime priority of incumbent government. He urged the […]
Finance Minister, Saudi envoy discuss bilateral issues
Ambassador of Kingdom of Saudi Arabia Nawaf Bin Said Al-Malki called on Minister for Finance and Revenue, Miftah Ismail in Islamabad on Wednesday. The Finance Minister said that both countries have exceptional relationships based on social, political, religious and cultural ties. The Saudi Ambassador acknowledged the long-term relationship and shared that focus of the Kingdom […]
Summary to reduce POL prices to be sent to PM today: Miftah
Finance Minister Miftah Ismail says the summary to reduce petroleum prices will be sent to Prime Minister Shehbaz Sharif for necessary action on Wednesday. Talking to a private television channel, he said the prices of petroleum will be reduced on the directives of the Prime Minister, to provide relief to the people. Miftah Ismail said […]
Gilgit Baltistan Chief Minister calls on Finance Minister in Islamabad
Finance Minister Miftah Ismail has expressed government’s commitment for the development and progress of all provinces including Gilgit Baltistan. Talking to Chief Minister Gilgit Baltistan Khalid Khursheed in Islamabad on Thursday, he also stressed for utilization of tourism potential of Gilgit Baltistan region saying it will enhance the revenue and portray beautiful image of the […]
Finance Minister reaffirms govt’s resolve to undertake IMF reforms
The 7th Review Mission of IMF Program kicked off on Wednesday with a virtual meeting of Finance Minister Miftah Ismail with IMF Mission Chief Nathan Porter. Speaking on the occasion, the Minister reaffirmed government’s commitment to undertake the reforms envisaged under the IMF program and to complete the structural benchmarks. He said government will take […]
Government has decided to maintain fuel prices in the country: Finance Minister
Government has decided to maintain fuel prices in the country. This was announced by Minister for Finance and Revenue Miftah Ismail at a news conference in Islamabad today [Sunday]. He said despite increasing prices of petroleum products Prime Minister Shehbaz Sharif has decided not to transfer the burden of price hike on masses. He said […]
Pakistan, IMF discuss pathways to complete 7th review of IMF programme
The Pakistan delegation held several meetings with the IMF officials and discussed pathways to complete seventh review of the IMF programme. The delegation led by Finance Minister Miftah Ismail laid out Pakistan government’s priorities and efforts to bring fiscal discipline while insulating the vulnerable from oil price volatility in the international markets. The IMF expressed […]
CPEC to play vital role in cementing economy: Miftah
Finance Minister Miftah Ismail says China-Pakistan Economic Corridor will play an important role in taking Pakistan’s economy forward and cementing bilateral relations between the two countries. He was talking to Chinese Charge de Affaires in Pakistan Ms Pangchunxue, who called on him in Islamabad on Tuesday. Speaking on the occasion, Ms. Pangchunxue extended her felicitations […]
Finance Minister approves tax relief of 10% on import of edible oil
Finance Minister Shaukat Tarin has approved tax relief of ten percent on import of edible oil for the next two months. He approved the tax relief at a meeting in Islamabad on Friday keeping in view the increase in the prices of edible oil in the international market. The step has been taken to ensure […]
ECC approves minimum support price of wheat from 1950 to 2,200/40 kg
The Economic Coordination Committee has approved revision of minimum support price of wheat crop from 1950 to 2,200 per 40 kilogram. The Committee met in Islamabad today [Thursday] with Finance Minister Shaukat Tarin in the chair. It approved wheat procurement target for Punjab to the tune of 4.00 MMT with Cash Credit Limit of 220.00 […]