In response to the pre-budget seminar held by PML-N, Finance Minister Shaukat Tarin held a press briefing to answer the questions raised by the opposition party. The minister was joined by Federal Minister for Energy Hammad Azhar and Federal Minister for Industries and Production Makhdoom Khusro Bakhtiar. PML-N in their seminar pointed out that during […]
Hammad Azhar
Hammad says GDP growth clocks in at 4 percent
ISLAMABAD: Federal Minister for Energy Hammad Azhar has said that the National Accounts Committee has estimated on the basis of latest data GDP growth of this fiscal year to be close to four percent. In a tweet, he called this a remarkable recovery, saying unlike past growth stints, forex reserves have also grown. He also […]
Federal cabinet turns down ECC’s proposal to import cotton from India
Islamabad: Federal cabinet on Thursday (today) rejected Economic Coordination Committee’s (ECC) proposal of importing cotton from India. The rejection came right after ECC’s approval regarding the import of cotton yarn and sugar from the neighboring country. The cabinet meeting headed by Prime Minister Imran Khan turned down ECC’s proposal which was made yesterday. Earlier, Federal […]
Abdul Hafeez Shaikh tests positive for coronavirus
Former finance minister Dr. Abdul Hafeez Shaikh tested positive for coronavirus. The news was confirmed by Hammad Azhar who has been recently appointed as the finance minister replacing Hafeez Shaikh. Hammad Azhar took it to Twitter saying that “Just found out that Dr Hafeez Sh has tested positive for Covid-19”. New finance minister also prayed […]
Affordability and provision of essential items is government’s top priority: PM
ISLAMABAD, Mar 8: Prime Minister Imran Khan Monday said it was foremost priority of the government to ensure provision of flour, sugar and other essential items at fair and affordable prices. The PM chaired a meeting regarding the prices of essential items where he received a detailed briefing about the production and consumption of wheat. […]
Hammad Azhar assures that Pakistan will not be blacklisted by FATF
As Financial Action Task Force (FATF) announced Pakistan’s unmoving position on its grey list for another four months, Minister for Industries Hammad Azhar said being blacklisted is out of question. Addressing a press conference in Islamabad, he said that Pakistan achieved its targets despite the tight timelines and FATF’s challenging action plan. “At the previous […]
PTI govt pitches its maiden amnesty scheme
The incumbent government on Tuesday announced the Asset Declaration Scheme, providing one more opportunity to all Pakistani citizens to declare and legalise undisclosed assets inside and outside the country by paying just four percent taxes on all assets other than real estate. The scheme would be applicable till June 30, and all Pakistan citizens, other […]
Opp in NA protests POL price hike, inflation, poor economic situation
Opposition parties in the National Assembly on Monday strongly protested over poor economic situation of the country and recent hike in the petroleum prices, compelling Speaker Asad Qaiser to adjourn the session till Wednesday. As the session began, the Pakistan Muslim League-Nawaz (PML-N) started protest against the Pakistan Tehreek-e-Insaf (PTI) government over inflation, increase in […]