Tag: finance minister

Amnesty scheme for tax evaders ‘need of the hour’, Umar insists

--Finance minister says tax amnesty is controversial, says 'public office-holders, civil servants won't be eligible if scheme does come' --Defends increase in petroleum prices, claims govt...

Government in talks with IMF: Asad Umar

-- Says IMF will soon visit Pakistan  -- Tells India will face losses due to increased duties -- Emphasises 'need to groom professionals'  ISLAMABAD: Finance Minister Asad...

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...

Economic crisis is over, claims finance minister

--Asad Umar says financing gap for current fiscal year plugged with rising exports, overcoming current account deficit --Says State Bank will remain autonomous body, govt...

Mystery shrouds Asad Umar’s resignation rumours

--Finance minister reportedly offered to resign after PM Imran, Tareen criticised him for giving SBP 'free hand' in devaluing rupee --Finance Ministry statement rejects resignation...

Court summons more witnesses in Dar’s assets case on Nov 28

--Former finance minister criticises govt for 'wasting’ time in seeking IMF’s help --IHC adjourns hearing of petition against Dar's frozen bank accounts ISLAMABAD: The accountability court...

Govt finally decides to reach out to IMF

---PM approves immediate negotiations with IMF focused on 'stabilisation recovery programme' ---Minister says will seek a plan having 'minimum impact' on low-income classes, burdens wealthy...

Economic uncertainty to culminate by mid of October: finance minister

  ISLAMABAD: Minister for Finance Asad Umar on Sunday said that the situation of uncertainty in the national economy would be cleared by mid of...

UK finance minister says time running out on Brexit

  LONDON: Britain's finance minister Philip Hammond said on Tuesday time was running out to secure a Brexit deal and confirmed that Bank of England...

$9bn needed urgently to run Pakistan, govt tells Senate

Finance Minister Asad Umer says govt will take parliament into confidence over bailout strategy  Says govt will introduce tax reforms to increase tax...

Finance minister to fight Pakistan’s case over FATF grey list

PARIS: Caretaker Finance Minister Dr Shamshad Akhtar is scheduled to arrive in Paris on Monday to make Pakistan’s case as it faces the danger of...

Caretaker finance minister unimpressed by 6pc growth rate

ISLAMABAD: Newly-appointed caretaker Finance Minister Dr Shamshad Akhtar on Thursday expressed dissatisfaction over the growth rate of the country. While attending the cabinet meeting, she...

Ukraine’s parliament votes to dismiss finance minister

KIEV: The Ukrainian parliament voted on Thursday to dismiss Finance Minister Oleksandr Danylyuk after he publicly fell out with the prime minister. Danylyuk had said...

Abbasi pushes Ishaq Dar’s man out of the frame

Former finance minister was biggest supporter of Rana Afzal and had scuttled Miftah Ismail's appointment to finance ministry State Minister for Finance Rana...

Pakistan to ‘devise strategy’ to stay off terror financing list

ISLAMABAD: Pakistan will develop a strategy to avoid being put on a global terror financing watchlist, the finance minister said Monday, after China and...

Will return to Pakistan after medical treatment concludes, Dar claims

LONDON: Former finance minister Senator Ishaq Dar on Saturday said that he will return to Pakistan as soon as his doctors give the go...

LHC allows Ishaq Dar, PM’s sister to contest Senate polls

LAHORE: The Lahore High Court (LHC) on Saturday allowed former finance minister Ishaq Dar to contest the upcoming Senate elections. An appellate bench of the high court...