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... ith the ADB, the International Finance Corporation is expected to provide $20 million and local banks another $50 million. The rest of the project financing will come from equity proceeds of $33.3  ...
Saturday, 28 February 2015
2. Marketing Diamer-Bhasha dam
(Highlights/Business News)
... rcial basis, unlike past practice of raising funds for such projects from institutional lenders. Finance Minister Ishaq Dar and Water and Power Minister Khawaja Muhammad Asif would lead the mar ...
Friday, 10 October 2014
...  Finance Minister Ishaq Dar had decided to charge consumers the cost of about 3pc additional technical losses and interest on power sector loans through an average of Rs2.35 per unit impact in powe ...
Monday, 16 June 2014
Monday, 16 June 2014
5. KP budget for 2014-15 set at Rs404.80 bn
(Highlights/Business News)
PESHAWAR. Khyber Pakhtunkhawa (KP) Minister for Finance, Sirajul Haq on Saturday presented a Rs404.80 billion budget for the year 2014-15 in the provincial assembly. It includes an ambitious ...
Monday, 16 June 2014
6. UBL stake sale yields $387m
(Highlights/Business News)
... -off. The meeting, chaired by Finance Minister Ishaq Dar, was informed that the total demand received from domestic investors was Rs12.3 billion, one of the highest in terms of domestic demand  ...
Monday, 16 June 2014
7. No hike in petroleum prices, orders PM
(Highlights/Business News)
... after a meeting of Finance Minister Ishaq Dar with the prime minister. While being briefed on the cumulative reduction in POL prices over the last three months, Sharif was informed that economic ...
Monday, 02 June 2014
...  reduction in depreciation limit. He urged Finance Minister Ishaq Dar and FBR chief to allow import of 660cc cars without any age limit as the local industry does not roll out this low engine powe ...
Monday, 02 June 2014
9. Revenue, GDP growth targets missed
(Highlights/Business News)
ISLAMABAD: Finance Minister Ishaq Dar will launch on Monday the Pakistan Economic Survey 2013-14, which is expected to be a mixed bag of missed targets and improved performance in various sectors.  ...
Monday, 02 June 2014
10.
(Highlights/Business News)
...  be issued and the general public can obtain these coins from all field offices of the State Bank. According to the Finance Ministry, the composition of the coin is 75pc copper and 25pc nickel. Th ...
Monday, 02 June 2014
11. C/A deficit rises to $2bn
(Highlights/Business News)
Friday, 18 April 2014
12. ECC approves Rs1.6 billion Ramazan package
(Highlights/Business News)
... Ramazan. A meeting of the ECC presided over by Finance Minister Ishaq Dar decided that the Utility Stores Corporation (USC) would submit details of the package at the next meeting of the committee. ...
Friday, 18 April 2014
... all PTA activities/actions were illegal, including the sale of 3G /4G licences, until its (PTA) composition was complete. While the PTA works with its chairman and member finance, the seat of member ...
Friday, 18 April 2014
14. 3G, 4G licences auction hits snags
(Highlights/Business News)
Saturday, 12 April 2014
... f the US-Pakistan Economic and Finance Working Group in Washington on Wednesday. The United States and Pakistan will hold more in-depth discussions about the joint plan at the Trade and Investme ...
Saturday, 12 April 2014
WASHINGTON: Finance Minister Ishaq Dar has discussed with the International Finance Corporation a programme that could help offset Walt Disney's decision to discontinue outsourcing to Pakistan, says ...
Saturday, 12 April 2014
17. Islamic finance good alternative: SBP
(Highlights/Business News)
KARACHI: The State Bank of Pakistan (SBP) believes that Islamic finance is a better alternative to the conventional banking and is one of the fastest growing segments of the global as well as domestic ...
Monday, 07 April 2014
18. Alarming controversy over urea prices
(Highlights/Business News)
... n was created when after two meetings with the federal minister for industries and finance minister on the issue, the industry publicly insisted that the printed figure only represented ex-mill pri ...
Monday, 07 April 2014
19.
(Highlights/Business News)
ISLAMABAD: Top officials of the ministry of finance continue to enjoy benefits of the corporate sector by holding positions as directors on the boards of private and semi-government enterprises. ...
Monday, 24 March 2014
20. FBR detects 40 fake firms
(Highlights/Business News)
ISLAMABAD: The Federal Board of Revenue (FBR) has identified 40 fictitious companies which got millions in illegal sales tax refund and input adjustment in connivance with officials, according ...
Monday, 24 March 2014
... Finance Minister Ishaq Dar had been constituted to handle the issue and opposing groups. Mr Dar will brief the cabinet about the offers from India before the cabinet approves the recommendation of ...
Tuesday, 18 March 2014
22. WB to approve $1.5bn loan next month
(Highlights/Business News)
Tuesday, 18 March 2014
23. Rupee continues to rise against dollar
(Highlights/Business News)
... foreign currency account holders to further sell their dollars to avoid losses. Experts say that if the rupee stabilises to a certain extent, the prices of food items would decrease. Finance Minister ...
Tuesday, 11 March 2014
24. 3,000MW to be imported from Iran
(Highlights/Business News)
... contract, signed a memorandum of understanding with the ministry of water and power here on Monday. The group will also finance and lay transmission lines to add electricity to the national grid ...
Tuesday, 11 March 2014
25. Additional GST on auto parts sale withdrawn
(Highlights/Business News)
Tuesday, 11 March 2014
26. Ogra recommends cut in oil prices
(Highlights/Business News)
... market and a rather stable rupee. In a working paper sent to the petroleum and finance ministries, Ogra recommended Rs2.72 per litre reduction in the price of petrol. The existing rate of petrol ...
Friday, 28 February 2014
... energy sectors. The committee, which includes Finance Minister Senator Ishaq Dar and Planning Minister Ahsan Iqbal, will ensure completion of the projects on fast track and report to the prime minister ...
Thursday, 27 February 2014
ISLAMABAD: The Cabinet Division has dispatched a summary to the Establishment Division, seeking approval for the removal of Mir Kamal Marri, member finance at the Oil and Gas Regulatory Authority ...
Thursday, 27 February 2014
29. Pakistan, Afghanistan to enhance trade ties
(Highlights/Business News)
... a meeting of the Pakistan-Afghanistan Joint Economic Commission (JEC) opened in Kabul on Sunday, co-chaired by Finance Minister Ishaq Dar and his Afghan counterpart Dr Hazrat Omar Zakhailwal. Mr Dar ...
Monday, 24 February 2014
30. Privatisation needs a second thought
(Highlights/Business News)
... ial crisis? People are hoping that the finance minister and his team must also be looking for other options to come out of this situation. While having brainstorming sessions ...
Monday, 24 February 2014

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