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Asad Umar rubbishes rumors of removal as finance minister

ISLAMABAD: Federal Minister for Finance Asad Umar on Wednesday said that he has no knowledge pertaining to the news of his expected removal from...

Economic crisis of Pakistan is ‘over’: Asad Umer

ISLAMABAD: Repudiating the notion of deteriorating economic situation, Finance Minister Asad Umer stated on Tuesday that economic crisis of the country has been 'over'. Speaking...

ECC approves Rs1,066 mn grant to clear dues of PSM’s deceased employees

ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet on Thursday approved a grant of Rs 1,066.078 million for payment of outstanding dues to...

IMF mission visits Nepra headquarters

ISLAMABAD: An International Monetary Fund (IMF) mission, which is currently in Pakistan to finalise a bailout package deal, is on a visit of the...

Pakistan gets a boost of confidence but IMF bailout still on the cards

ISLAMABAD: Finance Minister Asad Umar’s bullish comments declaring the end of an economic crisis have bolstered confidence ahead of crunch talks with the International...

ECC session summoned tomorrow to discuss Steel Mills’ workers salaries, other concession packages

ISLAMABAD: A meeting of Economic Coordination Committee (ECC) has been convened on Wednesday (tomorrow) in order to deliberate on the issue of outstanding salaries...

ECC decides to defer electricity price hike until next meeting

ISLAMABAD: The meeting of Economic Coordination Committee (ECC) on Tuesday concluded with a decision to keep the power tariffs unchanged until the next session...

Asad Umer meets IMF Chief, formally requests provision of loans

Federal Minister for Finance Asad Umer called on International Monetary Fund (IMF) chief Christine Lagarde on Thursday to formally request the global body for...

Pakistan’s economic situation to remain frail until 2 years: World Bank

ISLAMABAD: The World Bank has indicated that the economic scenario in Pakistan is to remain shaky till next two years. Pakistan is stuck in a...

Shehbaz looks for validation of PML-N’s efforts to end load-shedding

ISLAMABAD: Former chief minister Punjab, Shehbaz Sharif, appeared to be looking for a toast in the National Assembly session for keeping their promises of...

ECC mulls over summary of electricity tariff hike

ISLAMABAD: Finance Minister Asad Umar is chairing a meeting of Economic Coordination Committee (ECC) to contemplate over an agenda including the proposed increase in...

No plans of seeking loan from IMF as yet: Finance Minister

ISLAMABAD: Finance Minister Asad Umar has once again categorically denied plans of seeking financial assistance from the International Monetary Fund (IMF) as of yet. Addressing...

IMF delegation arrives in Pakistan to hold talks on economy

ISLAMABAD: The delegation of International Monetary Fund (IMF) landed in Pakistan Thursday (today) on a week-long visit to hold talks with the new government's...

ECC consents hike in gas tariff, curtails import tax on LPG

ISLAMABAD: The Economic Coordination Committee (ECC) on Monday approved the hike in gas tariff while reducing the import tax on Liquefied Petroleum Gas (LPG). The...

Finance Minister Asad Umar summons ECC meeting today

ISLAMABAD: Finance Minister Asad Umar will chair a meeting of the Economic Coordination Committee (ECC) on Monday (today).  The agenda of meeting includes a summary...
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