Monday, November 30, 2020

Asad Umar

Hafeez Shaikh’s close aide to replace Younus Dhaga

The government obvious to unseat Finance Secretary Younus Secretary Dhaga by replacing Naveed Kamran Baloch, close aide to Dr Hafeez Shaikh, a well-informed source told World News Observer. It was learnt that the incumbent government was uncomfortable with the performance...

Budget 2019-20 will be made in light of IMF Programme, tough decisions expected: Mian Zahid

President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain on Friday said that the talks between Pakistan and International...

Pakistan’s finance minister met WB new chief, govt focused on improving EoDB: Asad

Pakistan’s delegation led by Asad Umar, Finance Minister participated in the IMF/WB spring meetings 2019 and attended a number of bilateral meetings on the sidelines. The Finance Minister met with the new World Bank President David Malpass and apprised him...

Asad launches MTEF report

Pakistan's Finance Minister Asad Umar launched the Medium-Term Economic Framework (MTEF) report titled ‘Road map to Stability, Growth and Productive Employment’. The policy framework has been developed based on inputs from the Prime Minister Economic Advisory Council (EAC) and development...

Asad refutes report on exchange rate target with IMF

Finance Minister Asad Umar on Friday refuted reports about talks with the International Monetary Fund (IMF) about the exchange rate target. Addressing Pakistan Stock Exchange in Karachi by video link from Islamabad, the finance minister said that artificially maintaining the...

PM to chair review meeting on food prices, supply and pharmaceuticals on Monday

National Price Monitoring Committee (NPMC) met on Thursday to take stock of supply and prices of food and pharmaceutical items. The meeting was chaired by Finance Minister Asad Umar and attended by relevant federal ministries and provincial departments. The meeting...

Pakistan, Malaysia sign five MoUs: Finance Minister

Finance Minister Asad Umar on Friday said Pakistan and Malaysia have signed five memorandums of understanding in various sectors. In his informal talk with the mediamen in the federal capital, the minister said Malaysia has expressed interest in buying meat...

Key takeaways of Bloomberg Economic Forum

Federal Finance Minister of Pakistan Asad Umar addressed the Bloomberg Forum   Withholding tax on cash withdrawals to be removed completely for Filers and Non-filers Capital market reforms in the offing to mobilise investment in equity and debt Market over-regulated now, impeding its...

Asad directs MoP to review inflated bills to reduce burden on consumers

The meeting of Cabinet Committee on Energy (CCOE) was held, chaired by Finance Minister Asad Umar, on Wednesday. The Committee considered various proposals to make recovery on fast track basis from defaulters of the power sectors. It stressed the need...

Saudi Arabia and Pakistan inked MoUs worth $ 20 billion

Prime Minister Imran Khan held a one-on-one meeting with Saudi Crown Prince Muhammad bin Salman (MBS) at the Prime Minister house in Islamabad capital of Pakistan. The meeting between the prime minister and the visiting dignitary took place in a...
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Latest News

Britain to keep the Christmas shut until Easter in April

Easter has been set to lift the strict Corona lockdown rules in the United Kingdom, which were approved by...
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10 things you didn’t know about the Iranian nuclear scientist Mohsen Fakhrizadeh

The assassination of the Iranian nuclear scientist Mohsen Fakhrizadeh, whose name, life, and position he used to hold in Iran was released into the...

Biden appointed Linda Thomas-Greenfield as UN ambassador

US President-elect Joe Biden said that the US Secretary of State, Anthony Blinken, will work to restore US foreign relations, explaining that Mayoras will...

Mozambique and Tanzania launches joint operations against rebels

Mozambique and Tanzania would start joint operations to fight an insurgency, under an agreement that also includes the handover of about 500 suspected militants. The...

US-based Chinese opponents support Trump’s allegation of fraudulent election

Some Chinese opposition activists in the field of human rights residing in the United States, who support Donald Trump's hard-line stance towards Beijing, have...