Ahead of the general elections, senior Pakistan Muslim League-Nawaz (PML-N) leader and former finance minister, Ishaq Dar, highlighted that the next elected government would carry forward the policies initiated by the current caretaker government, Geo News reported.
Following the increase in fuel prices, local transport companies unilaterally increased fares by up to 20 per cent without consulting the authorities, reported ARY News.
The Pakistan Finance Minister, Ishaq Dar, informed about the development that led to the prices of petrol and diesel at Rs 272.95 and Rs 273.40 per litre, respectively.
Pakistan's Finance Minister Ishaq Dar confirmed on Sunday that the Election Act 2017 is set to be amended in order to empower the upcoming caretaker government to take important decisions until a democratically elected government takes over.
Pakistan's Finance Minister Ishaq Dar on Sunday reacted to reports claiming that Pakistan Muslim League-Nawaz (PML-N) was considering proposing his name for caretaker prime minister.
Finance Minister Ishaq Dar told the stakeholders to finalise formalities to outsource the operations of Islamabad International Airport (IIA) by August 12, the final day of the incumbent government’s term, Dawn reported quoting sources.
The IMF Executive Director Bahador Bijani on behalf of the board has conveyed the message to Pakistan's Finance Minister Ishaq Dar through a virtual contact on Thursday.
The IMF's announcement on Wednesday came after Pakistan Finance Minister Ishaq Dar said that Pakistan received USD 1 billion from the UAE as part of its financial commitment to help Pakistan receive the IMF bailout package.
Dar in a late-night press conference said: "There has been no increase in the price of petrol." He, however, added that the diesel price has been increased by Rs 7.50 per litre.
The Pakistan government is racing against time to unlock at least USD 1.1 billion under the lender's ninth review of a USD 6.5-billion Extended Fund Facility agreed in 2019. The programme expires on Friday.
Pakistan Tehreek-e-Insaf (PTI) Vice Chairman Shah Mahmood Qureshi demanded the resignation of Federal Finance Minister Ishaq Dar on Sunday quoting that all distinguished economists and the International Monetary Fund (IMF) rejected his budget which was proposed on June 9, The Express Tribune