Tag: Asad umar

ECC meeting on seven-point agenda underway

ISLAMABAD: The Economic Coordination Committee (ECC) on Tuesday is mulling over a seven-point agenda in Islamabad. The meeting is being chaired by Finance Minister Asad...

India needs to listen to Kashmiris: Asad Umar

ISLAMABAD: Finance Minister Asad Umar on Monday urged India to listen to Kashmiris and warned that they would not lose their determination to break free...

Saudi energy company willing to invest around $4bn in Pakistan

ISLAMABAD: Saudi power producing company ACWA Power has expressed its willingness to invest around $4 billion in Pakistan's renewable energy sector, PPI said. The intention to...

Close to reaching agreement with IMF, says Asad Umar

PESHAWAR: Finance Minister Asad Umar on Monday said that the country is close to reaching an agreement with the International Monetary Fund (IMF) in...

Reconstituted NFC agrees to divide resources in line with 18th Amendment

--Centre, provinces complain about being under-resourced --Six sub-committees to handle differences between centre, provinces --Provinces to be part of the dialogue with IMF on fiscal arrangements ISLAMABAD:...

Making utmost efforts to improve economy, says Asad Umar

ISLAMABAD: Finance Minister Asad Umar on Friday said that he is making his best efforts to improve the state of the country's economy. The comments...

Economic woes can’t be resolved till reduction of trade deficit, says...

LAHORE: Finance Minister Asad Umar on Monday said that without reducing the country's trade deficit, the country's economic problems cannot be solved. The comments were...

Business community terms finance bill investor-friendly

The business community has largely termed the newly-presented finance bill as investment-friendly and positive in terms of future economic growth. Federation of Pakistan Chambers of...

Govt presents finance bill amid ruckus in NA

--Third finance bill aims at encouraging investment, exports, promoting ease of doing business --Super tax on non-banking companies abolished, interest on agri loans reduced from...

PTI top brass tries addressing party members’ grievances

ISLAMABAD: A meeting of Pakistan Tehreek-e-Insaf’s (PTI) parliamentary members was held at the Parliament House on Wednesday. The meeting, chaired by Finance Minister Asad Umar and...

ECC approves amendments to Export & Import Policy Order 2016

ISLAMABAD: Regulatory amendments in the Export and Import Policy Order 2016 were approved by the Economic Coordination Committee (ECC) on Tuesday in order to...

CJP doubts govt’s sincerity in constructing Nai Gaj Dam

--SC directs finance minister to update court regarding dam-related discussion during ECNEC session   ISLAMABAD: Chief Justice of Pakistan (CJP) Mian Saqib Nisar on Tuesday told Finance...

Mini-budget on Jan 23 will revive economy, Asad Umar claims

--Finance minister says Pakistan not considering IMF bailout for now --Says budget will remove tax anomalies, facilitate investors  --PPP's Sherry opposes budget, says new taxes are...

IMF says never called Asad Umar arrogant

The International Monetary Fund (IMF) has denied terming Finance Minister Asad Umar as "arrogant", as claimed by a Pakistani journalist earlier this week. Economic analyst Ihteshamul...

[VIDEO]: IMF calls Asad Umar ‘arrogant’, journalists claim

A short clip of a talk show aired on the local TV channel is making rounds on social media on Friday where Economist and...

Maryam says Nawaz in ‘high spirits’ in jail

Pakistan Muslim League-Nawaz (PML-N) leader Maryam Nawaz on Thursday said that her father, incarcerated prime minister Nawaz Sharif was in "high spirits" as she...

Asad Umar may chair ECC meeting today

ISLAMABAD: Finance Minister Asad Umar is expected to chair a meeting of the Economic Coordination Committee (ECC) on Tuesday. It has been reported that the meeting...