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All Stories: Finance Minister Asad Umar

Govt can table mini-budget bill in Parliament in January: Asad Umar

ISLAMABAD: The government considering over another mini budget and a finance bill could be tabled in parliament in January, Finance Minister Asad Umar told Senate...

ECC fixes new per bag price of imported urea

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet chaired by Finance Minister Asad Umar on Monday (today) to discuss the market price of the...

Pakistan not in rush to enter IMF deal: Finance Minister

ISLAMABAD: Finance Minister Asad Umar said Pakistan is in no rush to sign a deal with International Monetary Fund (IMF) to resolve its balance-of-payments...

Gas supply will be restored within five days, Umar assures business community

KARACHI: Finance Minister Asad Umar has assured Karachi's business community for restoration of gas supply within three to five days to the industries in...

Session to review business facilities to be held monthly, PM decides

ISLAMABAD: Taking another important step to promote business environment in the country, Prime Minister Imran Khan announced to call a session on monthly basis...

Saudi’s ‘biggest foreign investment’ package to be announced soon: Asad Umer

ISLAMABAD: Finance Minister Asad Umar on Thursday said that the incoming Saudi Arabia's bailout package, which appears to be the "biggest foreign investment in...

ECC endorses gifting 40,000 metric tons of wheat to Afghanistan

ISLAMABAD: Economic Coordination Committee (ECC) has endorsed to ‘gift’ 40,000 metric tons of wheat to Afghanistan, ARY News reported on Friday. The ECC meeting was...

$150 mn JW Forland auto assembly plant to be launched tomorrow: Asad Umar

ISLAMABAD: Finance Minister Asad Umar on Thursday said the government’s ultimate goal is to make Pakistan a regional hub of the manufacturing of auto...

Govt not in hurry for IMF bailout package, says Asad Umar

ISLAMABAD: Finance Minister Asad Umar on Wednesday said the government is not in hurry to obtain a bailout package from the International Monetary Fund...

Excellent day from foreign investment perspective: Asad Umar

ISLAMABAD: Finance Minister Asad Umar on Tuesday said the Suzuki Motors has expressed an interest in investing $450 million to expand car production in...

ECC allows export of 0.5 million tons of wheat

ISLAMABAD: The Economic Coordination Committee (ECC) on Tuesday gave the go-ahead to export of 0.5 million tons of wheat. Finance Minister Asad Umar presided over...

Pakistan to seek IMF bailout despite $6 billion Saudi rescue

ISLAMABAD: Pakistan still plans to seek a bailout from the International Monetary Fund (IMF) despite a Saudi Arabian offer of a $6 billion rescue...

Govt likely to jack up electricity prices by Rs3.75

ISLAMABAD: The Pakistan Tehreek-e-Insaf-led federal government is likely to hike electricity tariff by up to Rs3.75 per unit this week, ARY News reported. Sources said...

IMF not formally approached by Pakistan for financial assistance: chief economist

NUSA DUA, Indonesia: International Monetary Fund (IMF) chief economist Maurice Obstfeld has said the fund has not been formally approached by Pakistan for financial...

Asad Umar denies govt role in Shehbaz Sharif’s arrest

ISLAMABAD: Federal Minister for Finance, Asad Umar has said that Pakistan Tehreek-e-Insaf (PTI), government had no role in arrest of former chief minister Punjab,...

IMF stresses need for strict measures to cure ailing economy

ISLAMABAD: The International Monetary Fund (IMF) has suggested to the federal government to take stringent fiscal and monetary measures to address the economic challenges...

Nepra agreed on electricity tariff hike by Rs1.16 per unit

ISLAMABAD: An augmentation is accepted by The National Electric Power Regulatory Authority (NEPRA) on Wednesday, for the electricity tariff by Rs1.16 per unit. This electricity...

FATF officials to visit Pakistan in October

ISLAMABAD: A delegation of the Financial Action Task Force (FATF) will visit Pakistan in next month, October. The preparations are being made by the federal...

Asad Umar rebuffs claim of $10bn deal with Saudi Arabia

ISLAMABAD: Minister for Finance, Revenue and Economic Affairs Asad Umar has rebuffed PTI leader Usman Dar’s claim that Pakistan and Saudi Arabia struck a...

PM Khan chairs consultation meeting at Bani Gala

ISLAMABAD: Prime Minister (PM) Imran Khan is chairing a consultation meeting at his residence in Bani Gala, ARY News reported. According to details, Foreign Minister...
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