Web
Analytics
The news is by your side.

Asad Umer

Govt committed to promote agriculture sector: Asad Umar  

ISLAMABAD: Terming the agriculture sector back bone of the country, Federal Minister for Finance Asad Umer on Sunday said that the Pakistan Tehreek-e-Insa (PTI) government is focusing to promote the sector.    Talking to journalists, Asad Umer said that the government is taking concrete measure to facilitate farmers to encourage farming. The minister said that power and fertilizer is being provided to farmers at subsidized rates. The minister said that restoration of agriculture was the part of PTI manifesto and added that…

Bailout package: IMF, Pakistan talks to continue for second day today

ISLAMABAD: The Pakistani government and a technical team of International Monetary Fund (IMF) will resume their talks regarding a bailout package, on Thursday (today), for a second day in the federal capital.  According to sources, data regarding different sectors of the economy will be shared with the IMF delegation today. “The second phase of talks between Pakistan and IMF will commence from Monday and the discussion to focus on different policy matters,” sources added. A day earlier, talks were held in Islamabad…

Govt green signals power tariff hike for domestic consumers

ISLAMABAD: The federal cabinet has endorsed increase in power tariffs in a meeting on Thursday (today), setting the hike in cost of electricity at Rs1.27/unit. After the federal cabinet session, Finance Minister Asad Umar told in a press briefing that electricity prices would not be raised for domestic consumers using 300 units or less every month. However, households that consume between 300 and 700 units per month will witness a rise in electricity prices of roughly ten percent and a fifteen percent increase will be…

Finance bill: Wazeer e azam, Governor, aur wuzra ka tax istasna khtham

Islamabad: wafaqi wazeer khazana asad umer nay zimni finance bill pesh kardiya, wazeer e azam, Governor, Aur wuzra ka tax istasna khtam kardiya gaya, sab ko aam Pakistaniyon ki tarhan tax dena hoga. Tafseelat kay mutabiq Pakistan Tehreek e insaaf ki hukumat nay aaj baroz mangal zimni finance bill parliament main pesh kiya, parliament main bill pesh kartay huvay in ka kehna tha kay guzishta hukumat kay budget par chaltay to muashi lehaz say shadeed nuqsanat ka samna karna parta finanace bill main kaha gaya hai kay sabqa…

Finance Minister writes to CMs for reconstitution of 9th NFC

ISLAMABAD: For the reconstitution of 9th National Finance Commission (NFC), Finance Minister Asad Umar, has written letters to chief ministers of all four provinces on Wednesday.  After every five years, reconstituting the National Finance Award is a constitutional obligation, read the letter. "The federal finance minister and the provincial finance ministers are the statutory members of the NFC. It is customary to include one non-statutory member from each province," the letter added. Once the provincial governments…