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Pak Finance Minister Miftah Ismail facing criticism within PML-N ranks
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 3 (ANI): Finance Minister Miftah Ismail has been facing criticism from within the ruling Pakistan Muslim League-Nawaz (PML-N) amid speculations of ex-financial czar Ishaq Dar's return to Pakistan to replace him.
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Pakistan open to importing cheap oil from Russia
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], June 30 (ANI): Amid a financial crunch, rising inflation and deepening economic crisis, Pakistan is mulling oil imports from Russia.
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Pakistan needs to pass budget agreed with IMF to get loan assistance
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], June 30 (ANI): Pakistan will have to take two more "prior actions" to secure economic relief package from International Monetary Fund (IMF) - Passing the federal budget as agreed with the monetary organization, as well as, presenting a memorandum of understanding (MoU)
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USD2.3 bn Chinese loan credited to State Bank of Pakistan: Finance Ministe
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], June 25 (ANI): Pakistani Finance Minister Miftah Ismail said on Friday that a loan of USD 2.3 billion from a Chinese consortium of banks had been credited to the central bank's account.
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Chinese banks to provide USD 2.3 bln to Pakistan 'within days' under loan
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], June 23 (ANI): To cope up with country's dwindling cash reserves, loan of USD 2.3 billion from a Chinese consortium of banks to Pakistan is expected within a "couple of days".
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Pakistani currency dives to Rs 211 per US dollars, losing over Rs 2 during
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], June 21 (ANI): Owing to quarter-end payments and delay in the revival of the International Monetary Fund (IMF) programme, the Pakistani rupee on Tuesday breached 211-a-US dollar, losing Rs 2 during intra-day trading.
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Pak finance minister Ismail warns of default if subsidies not abolished ti
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], June 14 (ANI): Finance Minister Miftah Ismail on Monday said that Pakistan would default if the government did not abolish subsidies on petroleum products till July.
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Pakistan leans on Qatar for LNG amid falling foreign currency reserves
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], June 12 (ANI): Finance Minister Miftah Ismail said on Saturday that Pakistan will seek a deferred payment plan for liquefied natural gas (LNG) bought under long-term deals with Qatar as the nation's economy continues to stay in the doldrums while it awaits IMF funds ami
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Pakistan going through 'very difficult' phase, says FM Ismail a day after
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], June 11 (ANI): Pakistan is going through a "very difficult" phase, said the country's Finance Minister Miftah Ismail on Saturday, a day after he presented the federal budget 2022-23 in the National Assembly.
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Oppn points to malafide intention after Pak FM gives incentives to his bus
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], June 11 (ANI): Pakistan Tehreek-e-Insaf (PTI) leader and former federal minister Hammad Azhar on Friday pointed out the malafide intention of the coalition government led by Shehbaz Sharif, saying that Finance Minister Miftah Ismail has given incentives to his busine
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Pakistan: Imran Khan rejects budget for new fiscal year as 'anti-people, a
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], June 11 (ANI): In another act of contempt towards the Shehbaz Sharif-led Pakistan government, Pakistan Tehreek-e-Insaf (PTI) Chief Imran Khan rejected the budget for the new fiscal year presented by the incumbent government, calling it "anti-people" and "anti-busines
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Pakistan Budget 2022-23: Development allocations slump down by 19.2 pc fro
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], June 10 (ANI): The total allocations for federal and provincial Public Sector Development Programme (PSDP) in Pakistan's budget 2022-2023, which was presented in the National Assembly on Friday, have gone down significantly from last year's budget.
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