In an announcement made from Islamabad, it has been revealed that the National Accountability Bureau (NAB) has issued a summons to the former finance minister, Ishaq Dar, in connection with a case involving assets beyond known means. The date for this summons is set for October 10. This directive ...

Caretaker Prime Minister Anwaar-ul-Haq Kakar has reportedly dismissed Shamshad Akhtar from another significant role.Sources indicate that Shamshad Akhtar, who served as the Caretaker Finance Minister, has been relieved of her position as the chairman of the Cabinet Committee on Privatization ...

The Ministry of Finance has prepared a plan to reduce financial losses and has also highlighted significant economic risks for the country. The Ministry of Finance has issued a report on current financial risks, expressing concerns about further inflation due to rising energy prices. According ...

Dr. Shamshad Akhtar, serving as the Caretaker Finance Minister, has emphasized that the prevailing economic conditions do not allow for additional subsidies to be incorporated into the International Monetary Fund (IMF) agreements. This stance was conveyed by Dr. Akhtar during a media interaction ...

The federal government has increased the interest rate on GP fund. The interest rate on GP Fund has been increased by the federal government, the markup rate on GP Fund has been set at 14.22% for the financial year 2022-23, Ministry of Finance has also issued a notification to set the ...

ISLAMABAD: The Federal Minister for Finance and Revenue Ishaq Dar has cancelled his trip to the United States to attend the spring meetings of the World Bank-IMF, where he was scheduled to meet with the IMF management to discuss the $1.1 billion loan tranche. The reason cited for the cancellation ...

ISLAMABAD – Finance Minister Ishaq Dar on Thursday rubbished the malicious rumours about Pakistan's possible default. In a series of tweets, he said these rumours were not only completely false but also belied the facts. The minister said forex reserves held by the State Bank of Pakistan had ...

Federal Finance Minister Ishaq Dar Thursday said the staff-level agreement with International Monetary Fund (IMF) is expected to be finalized next week. The finance minister told the media on Thursday that negotiations with the IMF are about to end as discussions with the IMF are proceeding ...

ISLAMABAD – Finance Minister Ishaq Dar on Friday said that the talks the International Monetary Fund (IMF) concluded “positively” and the government will have to impose Rs170 billion in taxes through a mini-budget in order to get the loan programme. Addressing the media, the finance ...

Federal Finance Minister Ishaq Dar has said that final round of negotiations with International Monetary Fund (IMF) is under way and is on the right track. Talking to newsmen in Islamabad on Thursday, the finance minister said there is no hitch in the talks and everything is going fine. “More ...