Economy
Mystery solved: Hafeez appointed Advisor Finance
Islamabad, April 19, 2019: The Federal Government on Friday evening announced to appoint Abdul Hafeez Sheikh as an advisor to Prime Minister on Finance. The seat was vacant after the resignation of Asad Umer, who was appointed in August 2018 the first finance minister of the Pakistan Tehreek e Insaf (PTI). Most of PTI leaders…
Mystery of Finance Minister: Who is Pakistan’s finance minister?
Islamabad, April 19, 2019: The federal government is yet to confirm the resignation of federal finance Minister Asad Umer as the fresh list of ministers, ministers of state, advisers and special assistants issued by Cabinet Division is still named of Asad Umer as minister finance. While the notification of his substitute Abdul Hafeez Sheikh is…
Pakistan Railway wants Joint Ventures with APM
Karachi, April 15: “Pakistan Railways will support local vendor industry and those parts which can be produced in Pakistan will not be imported,” said the Federal Minister for Railway Minister, Sheikh Rasheed Ahmed at the Gala Dinner of Pakistan Auto Parts Show (PAPS) 2019. He said that with 70 million commuters Pakistan Railway can be…
IMF not yet finalized size of bailout package for Pakistan
Islamabad, April 15, 2019: International Monetary Fund (IMF) mission is visiting Pakistan end of this month to finalize the size of bailout package. While, briefing the National Assembly’s Standing Committee on Finance, Revenue and Economic Affairs here on Monday, Federal Finance Minister Asad Umar said that IMF bailout agreement is almost finalised and will share…
FPCCI shows concern on Economic situation
Karachi, April 10, 2019: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) showing serious concern about the economic situation and alleged the federal government for not taking on board for policies. Addressing a press conference here on Wednesday at Federation House, Engr. Daroo Khan Achazai, and President FPCCI regretted that as per past practice, the Government did…