Currently browsing : Abdul Hafeez Shaikh
20th March, 2013
Wapda chief’s role strengthened
The govt partially reversed power sector reforms by putting all the 16 corporate power companies under the control of the Wapda Chairman Syed Raghib Shah
The govt partially reversed power sector reforms by putting all the 16 corporate power companies under the control of the Wapda Chairman Syed Raghib Shah
19th February, 2013
Hafeez Shaikh resigns; Mandviwalla sworn in as finance minister
Shaikh resigned amid speculation that he may lead a caretaker government and will be replaced by the state minister for finance Saleem Mandviwalla.
Shaikh resigned amid speculation that he may lead a caretaker government and will be replaced by the state minister for finance Saleem Mandviwalla.
1st December, 2012
More trade to build a better future
Two-way trade between Pakistan and the United States totalled nearly $5bn in 2011, spurred in part by the preferential access many Pakistani products enjoy under the US.
Two-way trade between Pakistan and the United States totalled nearly $5bn in 2011, spurred in part by the preferential access many Pakistani products enjoy under the US.
5th September, 2012
ECC okays export of sugar to Tajikistan
The ECC of the cabinet decided on Tuesday to procure 10,000 tons of sugar from a mills in Sindh and to absorb the transportation cost of delivering 30,000 tons sugar to Tajikistan.
The ECC of the cabinet decided on Tuesday to procure 10,000 tons of sugar from a mills in Sindh and to absorb the transportation cost of delivering 30,000 tons sugar to Tajikistan.
30th May, 2012
Pakistan ‘heading for new financial crisis without reforms’
External forecasts for the current fiscal year see the budget deficit rising to about seven per cent of GDP.
External forecasts for the current fiscal year see the budget deficit rising to about seven per cent of GDP.
20th May, 2012
Jobs and economic growth are the main targets of budget: Shaikh
The Federal Minister of Finance, Dr Abdul Hafeez Shaikh said that Rs 800 billion have been allocated to the provinces within the past two years.
The Federal Minister of Finance, Dr Abdul Hafeez Shaikh said that Rs 800 billion have been allocated to the provinces within the past two years.
7th April, 2012
Oil prices to be reviewed twice a month: ECC
The ECC also decided to to lift 7.725 million tons of fresh wheat from farmers at a cost of Rs210 billion through banking credit to provinces.
The ECC also decided to to lift 7.725 million tons of fresh wheat from farmers at a cost of Rs210 billion through banking credit to provinces.
20th January, 2012
Pakistan’s bourse up three pct ahead of finance minister’s visit
Pakistani stocks rose nearly three per cent on Friday on the back of an expected visit by the country's finance minister to discuss outstanding issues such as a capital gains tax, dealers said.
Pakistani stocks rose nearly three per cent on Friday on the back of an expected visit by the country's finance minister to discuss outstanding issues such as a capital gains tax, dealers said.
17th January, 2012
Trade with Kabul Review of tariff regime sought
The Ministry of Commerce has already approved registration of Pakistan-Afghan Joint Chamber of Commerce.
The Ministry of Commerce has already approved registration of Pakistan-Afghan Joint Chamber of Commerce.
1st November, 2011
Pakistan to forfeit final IMF loan tranche: FT
Pakistan will not take up the final $3.7 billion tranche of an International Monetary Fund loan package after rejecting strict reform demands, the Financial Times said Tuesday.
Pakistan will not take up the final $3.7 billion tranche of an International Monetary Fund loan package after rejecting strict reform demands, the Financial Times said Tuesday.
28th September, 2011
Pakistan vows to continue work on major projects
Despite financial constraints Pakistan will continue to work on major projects like the Diamer-Bhasha dam, Finance Minister Abdul Hafeez Shaikh said on Tuesday.
Despite financial constraints Pakistan will continue to work on major projects like the Diamer-Bhasha dam, Finance Minister Abdul Hafeez Shaikh said on Tuesday.
27th September, 2011
US corp provides $20 mn loan for building project
WASHINGTON: A U.S. finance institution, Overseas Private Investment Corporation, announced on Monday to extend a $20 million loan towards completion of a 28-story office building…
WASHINGTON: A U.S. finance institution, Overseas Private Investment Corporation, announced on Monday to extend a $20 million loan towards completion of a 28-story office building…
24th September, 2011
Finance Minister assures investors of level-playing field
WASHINGTON: Finance Minister Abdul Hafeez Shaikh, who is heading the Pakistani delegation at IMF-World Bank meetings, met with Pakistani-American business leaders and economic experts, assuring…
WASHINGTON: Finance Minister Abdul Hafeez Shaikh, who is heading the Pakistani delegation at IMF-World Bank meetings, met with Pakistani-American business leaders and economic experts, assuring…
16th August, 2011
Big hike in petroleum prices on the cards
ISLAMABAD: The Economic Coordination Committee of the cabinet, which meets here on Tuesday, is expected to shower up to 47 per cent profit to oil…
ISLAMABAD: The Economic Coordination Committee of the cabinet, which meets here on Tuesday, is expected to shower up to 47 per cent profit to oil…
22nd July, 2011
Rs900 million for Thar coal power project
ISLAMABAD: Finance Minister Abdul Hafeez Shaikh said on Thursday that Rs900 million had been approved for the Thar coal gasification project to generate 100MW of…
ISLAMABAD: Finance Minister Abdul Hafeez Shaikh said on Thursday that Rs900 million had been approved for the Thar coal gasification project to generate 100MW of…
22nd July, 2011
Plan to raise power tariff, cut subsidies
ISLAMABAD: With no respite in sight from power outages, officials in the finance and power ministries are toying with the idea of further increasing the…
ISLAMABAD: With no respite in sight from power outages, officials in the finance and power ministries are toying with the idea of further increasing the…
15th July, 2011
US contacts Shaikh, assures of economic support
WASHINGTON: The United States made a reconciliatory gesture on Thursday to improve its strained relations with Pakistan: reaching out to Finance Minister Abdul Hafeez Shaikh…
WASHINGTON: The United States made a reconciliatory gesture on Thursday to improve its strained relations with Pakistan: reaching out to Finance Minister Abdul Hafeez Shaikh…
8th July, 2011
Sindh exerts pressure for control of OGDC gas fields
ISLAMABAD: A new controversy has emerged between the Sindh government and the state-run Oil & Gas Development Company Limited (OGDCL) as some federal government…
ISLAMABAD: A new controversy has emerged between the Sindh government and the state-run Oil & Gas Development Company Limited (OGDCL) as some federal government…
30th June, 2011
Massive hike in gas tariff on the cards
ISLAMABAD: The government has decided to increase natural gas tariff by 15 per cent for domestic consumers and between 18 per cent and 96 per…
ISLAMABAD: The government has decided to increase natural gas tariff by 15 per cent for domestic consumers and between 18 per cent and 96 per…
25th June, 2011
Govt determined to achieve revised tax collection target: Shaikh
KARACHI: Finance Minister Dr Abdul Hafeez Shaikh vowed Saturday that the government will achieve the revised tax collection target of Rs 1,588 billion. “I state…
KARACHI: Finance Minister Dr Abdul Hafeez Shaikh vowed Saturday that the government will achieve the revised tax collection target of Rs 1,588 billion. “I state…
