ECC allows releasing Rs2bn outstanding claims to sugar mill owners
ISLAMABAD:Â Economic Coordination Committee (ECC) of the Cabinet has directed the Finance Division to release the outstanding claims, worth Rs2 billion, to sugar...
Asad Umar assures redressal of industrial woes
ISLAMABAD:Â Finance Minister Asad Umar on Tuesday held a meeting with a delegation of Karachi Chamber of Commerce and Industry (KCCI).
Petroleum Minister Ghulam...
‘Govt to utilise renewable energy sources to meet growing demand’
ISLAMABAD:Â Planning, Development and Reform Minister Makhdoom Khusro Bakhtiar and Minister for Energy (Power Division) Omar Ayub Khan jointly chaired a meeting on...
Govt seeks early dispatchment of funds from friendly countries
'In case the expected assistance from friendly countries is delayed further, the finance ministry will speed up compliance with the IMF conditions'
ISLAMABAD:Â As...
PM constitutes task force on technology-driven knowledge economy
'There exists a huge potential in the country's youth to excel and secure Pakistan’s share in medium and hi-technologies'
ISLAMABAD:Â Prime Minister Imran Khan...
Pakistan, Iran discuss measures to achieve $5bn trade target
ISLAMABAD:Â Pakistan and Iran have agreed to hold the 21st session of the Joint Economic Commission (JEC) early next year with an aim...
SECP revamps regulatory framework for REITs
ISLAMABAD:Â In continuation of its efforts to foster the growth of real estate investment trusts (REITs), the Securities and Exchange Commission of Pakistan...
‘Govt striving hard to promote e-commerce, IT exports’
ISLAMABAD:Â Information Technology and Telecommunications Minister Dr Khalid Maqbool Siddiqui said on Tuesday that the government was striving hard to increase the benefits...
Economic crisis is over, claims finance minister
Mr Umar maintained there had been no change in his party’s policy and shared there would be no concession on the autonomy of the central bank, rather it will be institutionalized
Govt hopeful about reaching agreement with China regarding CPEC western route
The Senate committee was apprised by the Planning Secretary Zafar Hassan that the implementation agreement for establishing the Rashakai Special Economic Zone (SEZ) would be reached during the eighth JCC meeting
South Korea extended invite to invest in Pakistan Railways
ISLAMABAD:Â Federal Minister for Railways Sheikh Rasheed Ahmad on Monday invited a delegation of South Korea to seek business and investment opportunities in...
Rupee regains Rs1.87 against greenback in inter-bank trading
But the bank officials firmly believed that SBP had intervened in the inter-bank market and the rupee’s recovery against the dollar was artificial and short-lived
Governor SBP took Asad Umar into confidence about rupee depreciation: Report
According to sources, SBP Governor Tariq Bajwa had taken Finance Minister Asad Umar into confidence about the move and was decided that the depreciation of the rupee against the dollar would be gradual, but the central bank failed to implement the plan as envisaged
Direction set in 100 days, economy on surge: PM
Federal Board of Revenue had been bifurcated into two departments and its job would be just collection of tax while policy would be formulated by the ministries of finance and commerce, said Khan
Mystery shrouds Asad Umar’s resignation rumours
Finance Ministry statement rejects resignation news but admits that ‘healthy debates are a part of political culture’