Tag Archives: Finance Minister

Islamabad: Finance Min­i­ster Asad Umar expressed on Thursday that there is no tension is Pakistan regarding bailout package from the International Monetary Fund (IMF) and country’s economy would not go down or surrender before their economic support and dictation. “I understand where this question is coming from. They are worried …

Islamabad: Finance Minister Asad Umar will chair a meeting of the Economic Coordination Committee (ECC) in Islamabad today (Tuesday). It is reported that Economic Coordination Committee meeting will be held today, chaired by Finance Minister Asad Umar. Approval for the tax exemptions is likely to be granted in various fields. …

Islamabad: International Monetary Fund (IMF) demands a large-scale which cannot be a solution fr the possible bailout programme. Finance Ministry official stated that “is too large” and accession to the programme is likely to be delayed despite negotiations. “Our talks with the IMF are not going well, the only option …

Islamabad: Finance Minister Asad Umar led a meeting of the National Executive Committee (NEC) on Tuesday to review the progress on Financial Action Task Force (FATF) action plan. Statement released from the Finance ministry says that the National Counter Terrorism Authority (NACTA) has devised a detailed presentation on the terrorist financing …

Finance Minister Asad Umar informed on Thursday about the new investment that will soon hit Pakistan and is likely to come from Saudi Arabia. “The biggest foreign investment in Pakistan history”, Asad Umar stated during talks with media. “The ball is in our court. We have to get cabinet approval …

ISLAMABAD: The Economic Coordination Committee (ECC) meeting took place led by Finance Minister Asad Umar, on Thursday where he ordered to make sure about the supply of urea across the country. The Ministry of Industries informed during the meeting about the prevailed fertilizer situation. It was told that either fertilizer …

Islamabad: Confidence reposed on Finance Minister Asad Umar and his economic team by the Prime Minister Imran Khan. Therefore, he decided not to change single member of the team, said Special Assistant to PM on Political Affairs Naeemul Haque. Naeemul Haque during his interview to a private News channel invalidated …

Islamabad: Federal Minister for Finance Asad Umar expressed that he has no knowledge about his removal from Ministry by the PTI government.  He told that rumors circulating on media have no roots, this is just a false news that aired out and is being spread by some agents that Asad …

Islamabad: Finance Minister Asad Umar informed on Thursday that government aims to make Pakistan a regional hub of the manufacturing of auto parts and automobiles. Asad Umer said in a tweet that JW Forland is interest in investing in Pakistan and therefore, they are launching Forland automobile assembly plant project of …

Karachi: Finance Minister Asad Umar stated that Pakistan can wait for two months before deciding on IMF package. Asad Umer spoke recently about IMF programme, “We aren’t in a hurry, and we are covered even if it delays for two months.” That means the talk regarding possible IMF programme might …