Tag: Finance Ministry

Prudent policies lead to sustainable economic recovery: Finance Ministry

ISLAMABAD, Mar 29 (APP):The country’s economic and financial position continues to improve with each passing month of the current fiscal year, attributed to prudent policy management and the resumption of inflows from multilateral and bilateral partners, finance ministry said in a recent report. According to monthly Economic Update and Outlook for March, Pakistan reached a… Continue reading Prudent policies lead to sustainable economic recovery: Finance Ministry

Stabilization measures contribute to positive economic outlook: Report

ISLAMABAD, Feb 29 (APP):The stabilization measures, encouraging business confidence coupled with exchange rate stability, contributed to a positive economic outlook for Pakistan amidst ongoing challenges, Finance Ministry said in a recent report. “Last few months measures have restored market confidence and led to a pick-up in economic activity,” says monthly Economic Update and Outlook for… Continue reading Stabilization measures contribute to positive economic outlook: Report

Fiscal deficit curtailed at 0.8% of GDP, primary surplus improves

ISLAMABAD, Jan 3 (APP): Owing to consolidated measures implemented by the government, the fiscal deficit has been curtailed to 0.8 percent of GDP during the first four months of the current fiscal year, according to latest report of the finance ministry. “Fiscal side highlights the successful implementation of consolidation measures in the first four months… Continue reading Fiscal deficit curtailed at 0.8% of GDP, primary surplus improves

ECC directs NPMC to check hoarding, ensure price stability

ISLAMABAD, Dec 28 (APP): |The Economic Coordination Committee (ECC) of the Cabinet, here Thursday directed National Price Monitoring Committee (NPMC) to continue regular coordination with the provincial governments for measures to ensure price stability and to check hoarding and profiteering. The meeting of the cabinet committee was presided over by Caretaker Federal Minister for Finance,… Continue reading ECC directs NPMC to check hoarding, ensure price stability

Finance ministry denies delay in fund release for salaries, projects

ISLAMABAD, Dec 23 (APP): The Finance Ministry here on Saturday categorically refuted as baseless the news item aired by a private news channel regarding supposed delay in releasing funds for development projects and salaries. In a rebuttal statement, Spokesperson of the ministry said, a particular news item on a private news channel regarding any delay… Continue reading Finance ministry denies delay in fund release for salaries, projects

Caretaker setup wants to handover stable economy to elected govt: Shamshad

ISLAMABAD, Dec 13 (APP):Caretaker Federal Minister for Finance, Revenue, and Economic Affairs Dr. Shamshad Akhtar on Wednesday said that the caretaker government would like to hand over a stable economy to the incoming political government, which could continue the economic policies for the ultimate good of the people. She was talking to German Ambassador Alfred… Continue reading Caretaker setup wants to handover stable economy to elected govt: Shamshad

Prices of petrol kept unchanged, other petroleum products reduced

ISLAMABAD, Nov 30 (APP): The government on Thursday kept prices of petrol unchanged at Rs281.34 and reduced the rates of all petroleum products, according to statement issued by finance ministry. “Government of Pakistan has decided to revise the prices of petroleum products for the fortnight starting from 1st December 2023, as recommended by the Oil… Continue reading Prices of petrol kept unchanged, other petroleum products reduced

WB Executive Director (Designate) calls on finance minister

ISLAMABAD, Nov 2 (APP):The Executive Director (designate) World Bank (WB), Dr. Tauqeer Hussain Shah here on Thursday called on the Minister for Finance, Revenue, and Economic Affairs, Dr. Shamshad Akhtar. Finance Minister appreciated the contributions of Dr. Tauqeer Hussain Shah to public service and hoped that Dr. Shah will utilize his experience in fostering strong… Continue reading WB Executive Director (Designate) calls on finance minister

Pakistan’s economy performs well on external, internal sector

ISLAMABAD, Sep 28 (APP):The Finance Ministry on Thursday said that since the beginning of FY2024, Pakistan’s economy stepped up on the recovery path and Pakistan’s economy performed well on the external and internal sectors. In August FY2024, month-on-month exports increased by 14.2 percent while imports grew by 2.1 percent for the same period, according to… Continue reading Pakistan’s economy performs well on external, internal sector

Staff level agreement with IMF to be signed in few days: Ishaq Dar

ISLAMABAD, Mar 9 (APP):Minister for Finance and Revenue Ishaq Dar on Thursday said that the staff level agreement with the International Monetary Fund (IMF) would be signed in next few days as all the requirements had already been fulfilled. “We are very close to signing the agreement with the IMF and it would be done… Continue reading Staff level agreement with IMF to be signed in few days: Ishaq Dar

Ishaq Dar appreciates timely provision of $500 million by AIIB

KARACHI: November 30 - Federal Minister on Finance and Revenue Senator Mohammad Ishaq Dar meeting with Governor Sindh Kamran Tesuri and SAPM on Finance Tariq Bajwa, Governor State Bank Jamil Ahmed also seen in the meeting at Governor House. APP

Ishaq Dar appreciates timely provision of $500 million by AIIB

Pakistan’s economic outlook shows optimistic picture in coming months: Report

ISLAMABAD, Oct 30 (APP):The trade balance of Pakistan is expected to improve in the coming months on account of import contraction due to a deceleration in domestic economic activities and aggregate demand, the monthly Economic Update and Outlook October 2022 released by the ministry of finance said on Sunday. “Overall economic outlook shows an optimistic… Continue reading Pakistan’s economic outlook shows optimistic picture in coming months: Report

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