ISLAMABAD, Mar 25 (APP): Acknowledging the satisfactory progress made by Pakistan, the International Monetary Fund approved $500 million disbursement for the country under the Extended Fund Facility (EFF), bringing the total budget support under the arrangement to about US$2 billion. “The Executive Board of the International Monetary Fund (IMF) completed today the second through fifth… Continue reading IMF approves $500 mln disbursements for Pakistan under EFF
Tag: Hafeez-Sheikh
Cabinet approves SBP amendment bill 2021: Hafeez Shaikh
ISLAMABAD, Mar 9 (APP): Minister for Finance and Revenue Dr. Abdul Hafeez Shaikh Tuesday said the Cabinet approved draft of State Bank of Pakistan (SBP) Amendment Bill 2021 to give absolute autonomy to the Central Bank. Addressing a press conference, the minister said the Central Bank’s core objective was to control inflation and to fight… Continue reading Cabinet approves SBP amendment bill 2021: Hafeez Shaikh
PM briefed on proposed Ehsaas food stamp programme
ISLAMABAD, Mar 8 (APP):Prime Minister Imran Khan on Monday chaired a meeting regarding the government’s direct subsidy to the needy and poor people of society for buying of food and other essential items. The meeting was attended by Minister for Finance Dr Abdul Hafeez Sheikh, Minister for Industries Muhammad Hammad Azhar, Adviser to Prime Minister… Continue reading PM briefed on proposed Ehsaas food stamp programme
Senate Elections: PTI, PPPP secure one seat each from Federal Capital
ISLAMABAD, Mar 03 (APP): Syed Yusuf Raza Gilani of Pakistan People’s Party Parliamentarians (PPPP) and Fozia Arshaf of Pakistan Tehreek I Insaf (PTI) Wednesday won the General and Woman seats, respectively, by securing one Senate seat each for their parties from the Federal Capital. Former Prime Minister Syed Yusuf Gilani of PPPP won General seat… Continue reading Senate Elections: PTI, PPPP secure one seat each from Federal Capital
Senate Elections: PPPP candidate Yusuf Raza Gilani wins General Seat of Federal Capital
ISLAMABAD, Mar 03 (APP):The candidate of PPPP Syed Yusuf Raza Gilani won seat in Senate from Federal Capital by securing 169 votes. Two candidates including former Prime Minister Syed Yusuf Raza Gilani from PPPP and Minister for Finance Abdul Hafeez Sheikh from PTI contested elections against the General seat in Senate from Federal Capital. Abdul… Continue reading Senate Elections: PPPP candidate Yusuf Raza Gilani wins General Seat of Federal Capital
Firdous confident for Hafeez Sheikh’s win in Senate polls
ISLAMABAD, Mar 3 (APP): Special Assistant to Punjab Chief Minister on Information Dr Firdous Ashiq Awan Wednesday said that Pakistan Tehreek-e-Insaf’s candidate Hafeez Sheikh, who has the support of majority lawmakers, seemed set to win the Senate polls. Talking to a private news channel, she claimed that the ruling party would emerge as the largest… Continue reading Firdous confident for Hafeez Sheikh’s win in Senate polls
Polling for Senate Elections 2021 starts in National Assembly
ISLAMABAD, Mar 03 (APP): Polling for Senate elections 2021 in National Assembly has started to elect two out of four candidates who have filed nomination papers. Former Prime Minister Syed Yusuf Raza Gilani and Minister for Finance Abdul Hafeez Sheikh are contesting elections against the General seat in Senate from Federal Capital. Likewise, Farzana Kausar… Continue reading Polling for Senate Elections 2021 starts in National Assembly
PTI’s candidates to win Senate elections easily: Ch Fawad
ISLAMABAD, Mar 02 (APP): Federal Minister for Science and Technology, Chaudhry Fawad Hussain Wednesday said tomorrow’s victory of Pakistan Tehreek-e-Insaf (PTI) candidates including Hafeez Sheikh and Fauzia Arshad would be the last nail in the coffin of opposition’s dying politics. Both the PTI’s candidates from Islamabad will easily win the Senate elections, he said in… Continue reading PTI’s candidates to win Senate elections easily: Ch Fawad
Ensuring availability, appropriate prices of basic commodities govt’s foremost priority: PM
ISLAMABAD, Feb 3 (APP):Prime Minister Imran Khan on Wednesday said that besides making the availability of basic commodities certain, ensuring appropriate prices was foremost priority of the government. He directed the administration of Utility Stores Corporation (USC) to ensure the ample availability of basic goods at all outlets. The prime minister was presiding over weekly… Continue reading Ensuring availability, appropriate prices of basic commodities govt’s foremost priority: PM
Like earlier moves, opposition’s no confidence strategy doomed to fail: Shibli
ISLAMABAD, Jan 27 (APP): Minister for Information and Broadcasting Senator Shibli Faraz said on Wednesday that the component parties of the Pakistan Democratic Movement (PDM) lacked unity as all of them were pursuing conflicting narratives and interests. Talking to media persons outside Parliament House after PTI Parliamentary party meeting chaired by Prime Minister Imran Khan,… Continue reading Like earlier moves, opposition’s no confidence strategy doomed to fail: Shibli
Govt inherited inflation, precarious economic crisis: Hafeez Sheikh
ISLAMABAD, Jan 18 (APP): Minister for Finance and Revenue Hafeez Sheikh on Monday said the incumbent government inherited inflation and precarious economic crisis and has to take tough decisions to cope with the challenges. Speaking in the Senate, he said soon after coming into power, the country foreign reserves had dipped to $ 9 billion… Continue reading Govt inherited inflation, precarious economic crisis: Hafeez Sheikh
Finance Minister notes declining trend in prices of essential items
ISLAMABAD, Jan 04 (APP):Federal Minister for Finance and Revenue, Dr. Abdul Hafeez Sheikh on Monday noted that the prices of essential items had started showing declining trend which he said was a positive outcome of vigilant monitoring under NPMC on weekly basis. Chairing the meeting of the National Price Monitoring Committee (NPMC) here, he stressed… Continue reading Finance Minister notes declining trend in prices of essential items
Hafeez asks provinces to monitor egg, vegetable prices
ISLAMABAD, Dec 21 (APP):Finance Minister Dr Abdul Hafeez Sheikh Monday urged the provincial governments to strictly monitor the prices of eggs and vegetable to maintain stability in prices across the country. He was chairing the meeting of National Price Monitoring Committee (NPMC), according to a finance ministry press statement. He directed the Secretary Commerce to… Continue reading Hafeez asks provinces to monitor egg, vegetable prices
Sufficient wheat stocks available, NPMC informed
The National Price Monitoring Committee (NPMC) was informed Monday that currently sufficient stocks of wheat were available to meet existing demands across the country. The NPMC meeting was chaired by Adviser to the Prime Minister on Finance and Revenue, Dr. Abdul Hafeez Shaikh to discuss the prices and supply position of essential food items, according to press statement… Continue reading Sufficient wheat stocks available, NPMC informed
Hafeez expresses confidence on P&P Commission for streamlining basic pay
ISLAMABAD, Nov 26 (APP):Advisor to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Sheikh Thursday expressed confidence that the Pay and Pension Commission would come up with a financially viable solution to streamline the basic pay scales of government employees, admissible allowances and pensions. Addressed the inaugural meeting of the Pay and Pension… Continue reading Hafeez expresses confidence on P&P Commission for streamlining basic pay
Economy heading in right direction: Hafeez Shaikh
ISLAMABAD, Nov 25 (APP): Advisor to Prime Minister Dr Abdul Hafeez Shaikh Wednesday said that due to prudent and timely policies of the Government, the country’s economic revival is taking place and the economy was heading to the right direction. “Large Scale Manufacturing (LSM) has registered 4.8% growth, cement sector 20% growth with 100% capacity… Continue reading Economy heading in right direction: Hafeez Shaikh
Hafeez briefs WEF on remarkable economic performance
ISLAMABAD, Nov 25 (APP): Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh Wednesday informed the World Economic Forum (WEF) that Pakistan had witnessed remarkable improvement in fiscal and current account deficits owing to prudent government policies. Addressing the second segment of the plenary session of the World Economic Forum (WEF)… Continue reading Hafeez briefs WEF on remarkable economic performance
Pakistan’s WTO’s TFA implementation level reaches 79%: Hafeez Shaikh
ISLAMABAD, Nov 22 (APP): Advisor to Prime Minister on Finance and Revenue, Dr. Abdul Hafeez Shaikh said Sunday that the World Trade Organization’s (WTO) Trade Facilitation Agreement (TFA) implementation level of Pakistan reached 79% in November 2020 from 34% in June 2018. In a tweet, the advisor said that it was greater than India, Bangladesh… Continue reading Pakistan’s WTO’s TFA implementation level reaches 79%: Hafeez Shaikh
Govt initiatives promote export growth: Hafeez Shaikh
ISLAMABAD, Nov 18 (APP):Advisor to Prime Minister on Finance and Revenue, Dr Abdul Hafeez Shaikh said Wednesday that the exports from the country were rising due to the export-oriented initiatives introduced by the government. In a tweet, the advisor said, the Pakistan Tehreek-i-Insaf government had ensured market driven exchange rate, competitive energy prices and resolution… Continue reading Govt initiatives promote export growth: Hafeez Shaikh
NPCs to open up attractive investment opportunities: Hafeez Shaikh
ISLAMABAD, Nov 12 (APP): Adviser to the Prime Minister on Finance and Revenue, Dr. Abdul Hafeez Shaikh Thursday termed the launch of Naya Pakistan Certificates (NPCs) as a big top up to the Roshan Digital Account, aimed at providing an attractive investment opportunity to the overseas and resident Pakistanis. Speaking at the inaugural ceremony of… Continue reading NPCs to open up attractive investment opportunities: Hafeez Shaikh
