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Tag: Hafeez Shaikh

New finance minister Azhar thanks PM for additional charge

Industries minister tweeted message of gratituge for PM Khan while announcing his new portfolio as finance minister after Shaikh's removal

Bilawal Bhutto terms Hafeez Shaikh’s removal as victory of PDM   

Parliamentary opposition [has] proven most effective vs this regime, he said in a message on the micro-blogging site.

Hafeez Shaikh removed from post due to rising inflation in country: Shibli Faraz

PM Khan was unsatisfied with the performance of the finance team over rising inflation in the country

Hafeez Shaikh removed as finance minister

Adviser on Finance Abdul Hafeez Shaikh was made the finance minister back in December 2020

Fed govt decides to make SBP accountable before Parliament, raises governor’s tenure  

Hafeez Shaikh shares information on three laws to be enacted and related to SBP, uniform tax policy and government-owned institutes.

PM expresses full confidence in Hafeez Shaikh, directs to continue as minister

Federal Minister for Finance and Revenue Hafeez Shaikh on Saturday met with Prime Minister Imran Khan.

Gillani be disqualified after his son is seen buying MNAs, SAPM Gill says

It is evident now how the son is detestably buying lawmakers to garner support for his father’s Senate seat against Hafeez Shaikh, he said

ECC to meet Friday to abolish Neelum-Jhelum surcharge from electricity bills

The ECC would also mull over forming a committee to solve matters relating to excessive taxation in the telecom sector.

ECC approves agreements with 46 IPPs, supplementary grant to FBR 

The government would be able to save Rs836 billion from the agreements with the IPPs after they get a final nod from the federal cabinet.

Cabinet body removes PTV from list of state institutions to be privatized

The committee took the decision on the request of the ministry for information and broadcasting.

Loans acquired to pay previous debts, not for buying properties: Hafeez Shaikh   

The previous government's policy to lower the dollar rate intentionally had hurt the country's economy badly, said the finance minister.

Rigourous steps by govt saved economy amid pandemic hit, says Hafeez Shaikh

Remittances, exports, and foreign investments into Pakistani markets have aided our economy in the times of global pandemic while industrial growth is 6.7pc

Inflation declines for fourth straight week in Pakistan, Hafeez Shaikh told

Prices of wheat, tomatoes, onions, potatoes, and chicken have declined during the past weeks, the price monitoring committee was told.

Hafeez Shaikh given additional charge of Revenue Division

Federal Finance Minister Hafeez Shaikh was given additional charge of the Revenue Division on Monday.

Hafeez Shaikh orders to minimize profit on commodities in retail market

Adviser to PM on Finance Abdul Hafeez Shaikh on Monday chaired a meeting of the national price monitoring committee.

Strict financial discipline imposed to revive economy: Hafeez Shaikh

The government has supported the construction sector to revive the economy at the time of the pandemic, said adviser on finance.

Inflation monitoring committee advised to keep in check rising commodity prices

"Strictly monitor the difference between retail, wholesale prices in various commodities to ensure availability of the essential items...," Hafeez directed

FDI, job opportunities witnessing rise in Pakistan: Hafeez Shaikh

Foreign investors brought US$733 million from July to October this year, said Hafeez Shaikh.

Hafeez Shaikh chairs ECC meeting to review wheat supply, prices

Wheat imported from Russia would reach Pakistan in the ongoing month and would help in overcoming the shortage, the ECC was briefed.

ECC tasks finance division to negotiate with Karkey over Rs7.6 bn loan

The ECC also approved the immediate release of funds for advertising expenditure on Kashmir Day.
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