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MIFTAH ISMAIL
Miftah resigns as Pak finance minister, Ishaq Dar to return along with PM Shehbaz Sharif after 5-year exileThe formal decision to put 72-year-old Dar in the driving seat of the cash-strapped country's financial affairs was taken in during a meeti...- Pakistan's finance minister Miftah Ismail says he will formally resign from role"I have verbally resigned as Finance Minister," Ismail said in a Tweet, adding that he had signalled his plans to the country's Prime Minis...
- Pakistan trade body asks federal government to allow import of cotton from IndiaDue to the dire condition of the textile industy in the country following devastating floods, a Pakistan trade body has approached the Sheh...
- Apple to donate for Pakistan flood relief efforts, says CEO Tim CookTim Cook said, "the floods in Pakistan and surrounding areas are devastating humanitarian disasters. Our thoughts are with those that have ...
- Pakistan govt to consult coalition partners on importing goods from India: FM Miftah IsmailThe idea to import edible goods from India was first floated by the finance minister on Monday, when the country's death toll crossed 1,100...
- IMF board releases over $1.1 billion in Pakistan bailout fundsIn a statement, IMF Deputy Managing Director Antoinette Sayeh said adhering to scheduled increases in fuel levies and energy tariffs was "e...
- IMF revives Pakistan's EFF programme, approves $1.17bn bailout fundThe international lender approved the 7th and 8th tranche of USD 1.17 billion for Pakistan at an executive meeting in Washington on Monday....
- IMF board releases over $1.1 billion in Pakistan bailout fundsThe IMF agreed to extend the bailout programme by a year and increase the total funding by 720 million special drawing rights, or about $94...
- Pakistan finance minister: IMF board approves release of over $1.1 billion bailout funds"The IMF Board has approved the revival of our EFF program. We should now be getting the 7th & 8th tranche of $1.17 billion," Ismail said o...
- Pakistan lifts luxury goods import ban, to impose heavy dutiesPakistan's central bank reserves have fallen as low as $7.8 billion, which would cover little more than a month of imports.
- Pakistan imports fall sharply in July, to help rupee stabilise: Finance Minister"This is very welcoming," Ismail said, adding it was the result of his government's ban on all non-essential imports. "It will remove press...
- Pakistan to get $4 billion from friendly countries to shore up reserves: Finance Minister Miftah IsmailFinance Minister Miftah Ismail on Saturday referred to the shortfall in foreign reserves highlighted by the International Monetary Fund (IM...
- IMF sets tough conditions for Pakistan to revive USD 6 bn loan facilityThe new conditions set by the IMF includes increasing electricity tariffs, the cabinet taking the decision to gradually impose Rs 50 per li...
- Pakistan Army says defence budget for 2022-23 decreases from 2.8% of the GDP to 2.2%In an interview to Dunya News TV, army spokesperson Major General Babar Iftikhar said people often talk about the defence budget but "withi...
- Pakistan finance minister warns of default if fuel subsidies not abolishedPakistan will default if the government does not abolish the subsidies on petroleum products, Finance Minister Miftah Ismail has said, warn...
- IMF still has concerns over Pakistan budget: Finance ministerPakistan is looking to getting a staff level agreement with the IMF this month, Miftah Ismail said. It unveiled a 9.5 trillion Pakistani ru...
- Pakistan to raise taxes on rich, ban some car buying to secure IMF bailoutThe nation of 220 million people is facing a balance of payments crisis, with foreign reserves falling below $10 billion, hardly enough for...
- Pakistan to import 3 million tones wheat including from Russia: Finance ministerThe imports would be on a government to government basis, Minister Miftah Ismail told journalists at the launching ceremony of the country'...
- Pakistan, IMF likely to reach agreement in June: Finance MinisterPakistan has repeatedly been seeking international aid to support its failing economy.
- Pakistan hikes prices of petroleum products by Rs 30 per litreAfter the increase, the price of petrol will be at Rs 179.85, diesel at Rs 174.15, kerosene at Rs 155.95 and light diesel at Rs 148.41.
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