The US general's statement is a relief ahead of Finance Minister Ishaq Dar's remarks last week in the Senate regarding the International Monetary Fund (IMF) bailout programme.
A meeting of the monitoring committee on the implementation of austerity measures presided over by Finance Minister Ishaq Dar was informed that more than half of the luxury vehicles given to cabinet members, parliamentary secretaries and chairmen of standing committees had not been returned
Ishaq Dar was chairing the second meeting of the monitoring committee to oversee the implementation of austerity measures, according to a press statement issued by the finance ministry.
The minister while addressing a press conference on Friday said that every year, private security vans, carrying USD 2 billion in cash, "move from south to north." He said dollars are smuggled out from there.
Taking to Twitter, Pakistan Finance Minister Ishaq Dar announced, " Formalities completed [and] Chinese Bank, ICBC approved rollover of USD 1.3 billion facilities which has been repaid by Pakistan to ICBC in recent months."
Pakistan's government has taken the decision to generate PKR 335 billion more in revenue over the next fiscal year to finance the power sector's debt and liabilities.
Dar took to his Twitter to make the announcement. He wrote: "AlhamdoLilah! Funds USD 700 million received today by State Bank of Pakistan from China Development Bank".
Pakistan is in panic after the IMF team that came to negotiate the details left without reaching a final agreement last week. Even though Finance Minister Ishaq Dar and Prime Minister Shehbaz Sharif agreed to all the preconditions. And now Pakistan increased the petrol price which is increas
Responding to a media query regarding the discussion with IMF, Dar said, "Everything is going all right" and added, "The final round is going on right now. I meet them (the IMF team) every day and will today as well. "It is expected matters will be settled today... We will give you the news
Pakistani's economy has reached rock bottom as the rupee plummeted to 250 against the US dollar and the value of currency depreciated, marking the worst economic crisis since the nation formed, Asian Lite reported.
In November last year, Pakistan Finance Minister Ishaq Dar had taken notice of the "illegal and unwarranted" leakage of tax information of Bajwa's family. "This is clearly a violation of the complete confidentiality of tax information that the law provides," a statement from the Finance Divi