ISLAMABAD, Mar 19 (APP):Federal Minister for Finance and Revenue, Dr. Abdul Hafeez Shaikh Friday stressed upon the Punjab government to support the Capital Development Authority (CDA) in operationalizing the Metro-bus Corridor from Peshawar Morr (G-9) to New Islamabad International Airport. Chairing the meeting of a Committee that was constituted to finalize the arrangements for operationalization… Continue reading Hafeez urges Punjab govt to support operationalize airport Metro-bus corridor
Tag: Hafeez Shaikh
Hafeez reiterates govt’s commitment to provide maximum relief to public
ISLAMABAD, Mar 15 (APP):Federal Minister for Finance and Revenue, Dr. Abdul Hafeez Shaikh here on Monday reiterated government’s commitment to provide maximum relief to the general public through provision of basic commodities at fair prices. The minister was chairing the weekly meeting of the National Price Monitoring Committee (NPMC), according to press statement issued by… Continue reading Hafeez reiterates govt’s commitment to provide maximum relief to public
Govt committed to provide conducive business environment: Hafeez
ISLAMABAD, Mar 12 (APP):Federal Minister for Finance and Revenue Dr. Abdul Hafeez Shaikh Friday said the government was firmly committed to facilitate businessmen and investors by providing a conducive business environment. The minister was talking to President and Chief Executive Officer, Habib Metropolitan Bank, Mohsin Ali Nathani, who called on him here, according to press… Continue reading Govt committed to provide conducive business environment: Hafeez
ECNEC approves water, road, health infrastructure projects
ISLAMABAD, Mar 11 (APP):The Executive Committee of the National Economic Council (ECNEC) met on Thursday under the chairmanship of Federal Minister for Finance and Revenue, Dr Abdul Hafeez Shaikh, approved various development projects including water and road infrastructure schemes. Among others, the meeting was attended by Federal Minister for Planning, Development and Special Initiatives Asad… Continue reading ECNEC approves water, road, health infrastructure projects
Finance minister vows to promote agriculture sector
ISLAMABAD, Mar 8 (APP):Minister for Finance and Revenue Dr. Abdul Hafeez Shaikh Monday reiterated government’s commitment for promoting agriculture sector through effective and speedy implementation of Agriculture Transformation Plan as approved by the Prime Minister. To execute the plan, the minister constituted a five member committee comprising Secretary Law and Justice Division, Secretary National Food… Continue reading Finance minister vows to promote agriculture sector
Seven sub-groups formed to prepare recommendations for 10th NFC Award
ISLAMABAD, Feb 18 (APP):Seven sub-groups were formulated on Thursday during the inaugural meeting of the 10th National Finance Commission (NFC), to prepare workable recommendations for the upcoming NFC Award. The meeting was chaired by Federal Minister for Finance and Revenue, Dr. Abdul Hafeez Shaikh, according to press statement issued by the Finance Ministry here. The… Continue reading Seven sub-groups formed to prepare recommendations for 10th NFC Award
Projected circular debt accumulation declining: CCoE
ISLAMABAD, Feb 4 (APP):The Cabinet Committee on Energy (CCoE) Thursday noted that the projected circular debt accumulation was decreasing as a result of the Circular Debt Management Plan being implemented by the government. The committee also appreciated the efforts of the Power Division for regular monitoring of circular debt situation and directed them to timely… Continue reading Projected circular debt accumulation declining: CCoE
ECC approves renewal of SSGCL-FFBQL gas supply agreement
ISLAMABAD, Feb 03 (APP):The Economic Coordination Committee of the Cabinet (ECC) Wednesday approved the proposal of Petroleum Division for renewal of gas supply agreement (GAS) between Sui Southern Gas Company Limited (SSGCL) and Fauji Fertilizer Bin Qasim Limited (FFBQL). After a detailed discussion, the ECC meeting chaired by Minister for Finance and Revenue Dr Abdul… Continue reading ECC approves renewal of SSGCL-FFBQL gas supply agreement
ECC reduces tax on commercial sugar imports to 0.25%; directs TCP to import white sugar
ISLAMABAD, Jan 20 (APP):The Economic Coordination Committee (ECC) of the Cabinet Wednesday approved reduction of Withholding Income Tax on commercial import of white sugar and raw sugar form 5.5% to 0.25% besides approving removal of Value Added Sales Tax on import of white sugar. The approval was given on the presentation of summary by Ministry… Continue reading ECC reduces tax on commercial sugar imports to 0.25%; directs TCP to import white sugar
Finance Minister urges timely release of NGMS spectrum
ISLAMABAD, Jan 14 (APP):Federal Minister for Finance and Revenue, Dr. Abdul Hafeez Shaikh, Thursday urged upon the consultants to follow a proactive approach and meet the given deadlines for the release of Next Generation Mobile Services (NGMS) spectrum. The minister was chairing a meeting of the Advisory Committee for the release of NGMS spectrum in… Continue reading Finance Minister urges timely release of NGMS spectrum
Govt committed to correct fundamentals of economy: Hafeez Shaikh
ISLAMABAD, Dec 21 (APP):Federal Minister for Finance and Revenue, Dr. Abdul Hafeez Shaikh Monday emphasized that the government was firmly committed to correcting the fundamentals of the economy through effective policy making and targeted reforms with the objective to achieve sustainable and inclusive economic growth in the long run. The minister was speaking at a… Continue reading Govt committed to correct fundamentals of economy: Hafeez Shaikh
Hafeez chairs FBR Policy Board meeting, stresses for evaluating customs clearance time
ISLAMABAD, Dec 03 (APP):Adviser to the Prime Minister on Finance and Revenue, Dr. Abdul Hafeez Shaikh Thursday stressed the need for evaluating the clearance time with reference to the regional trading partners in order to make the Federal Board of Revenue (FBR) more competitive. The adviser was chairing the fourth meeting of the FBR Policy… Continue reading Hafeez chairs FBR Policy Board meeting, stresses for evaluating customs clearance time
Govt opening up local markets for foreign investors: Hafeez Shaikh
ISLAMABAD, Nov 18 (APP): Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh on Wednesday outlined the government policy of opening up local markets for foreign investors and facilitating them for business development besides employment generation in the country. Addressing ‘The Future Summit’ through video link on topic ‘The Future of… Continue reading Govt opening up local markets for foreign investors: Hafeez Shaikh
Economy improving despite hindrances by opposition: Shibli
ISLAMABAD, Nov 17 (APP): Minister for Information and Broadcasting Senator Shibli Faraz on Tuesday said the economy was improving despite difficulties because of the coronavirus and the opposition’s attempts to create hindrances in the way of the government. Speaking at a press conference along with Advisor to the Prime Minister on Finance and Revenue Abdul… Continue reading Economy improving despite hindrances by opposition: Shibli
Hafeez urges technical committee to ensure clarity in revenue collection
ISLAMABAD, Nov 13 (APP): Adviser to the Prime Minister on Finance and Revenue, Dr. Abdul Hafeez Shaikh Friday urged the technical committee to simplify relevant procedures to ensure clarity and transparency in revenue collection. He was chairing a virtual meeting of Federal Board of Revenue (FBR) Technical Committee, said a press release issued here. Chairman… Continue reading Hafeez urges technical committee to ensure clarity in revenue collection
ECC forms committee to resolve circular debt issue
ISLAMABAD, Nov 4 (APP):The Economic Coordination Committee (ECC) of the cabinet Wednesday formed a committee to prepare a proposal on modalities for clearing the circular debt of the Petroleum Division. The committee was constituted during the ECC meeting chaired by Adviser to the Prime Minister on Finance Dr. Abdul Hafeez Shaikh here. The committee would… Continue reading ECC forms committee to resolve circular debt issue
Hafeez Sheikh briefs PM about economy
ISLAMABAD, Oct 26 (APP):Advisor to the Prime Minister on Finance Dr Abdul Hafeez Sheikh Monday called on Prime Minister Imran Khan and briefed him in detail about the country’s economy.
ISLAMABAD: October 26 Adviser to PM on Finance Abdul Hafeez Shaikh chairing the ECC meeting. APP photo by Saeed-ul-Mulk
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ISLAMABAD: October 26 Adviser to PM on Finance Abdul Hafeez Shaikh chairing the ECC meeting. APP photo by Saeed-ul-Mulk
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World Bank to support Pakistan through IDA during COVID crisis
ISLAMABAD, Oct 23 (APP):The World Bank has appreciated Pakistan government’s reform agenda in various sectors and reiterated commitment to support Pakistan through International Development Association (IDA) 2020 during COVID-19 crisis. The commitment was made during a virtual meeting of Adviser to the Prime Minister on Finance Dr. Abdul Hafeez Shaikh with Managing Director, World Bank… Continue reading World Bank to support Pakistan through IDA during COVID crisis
