Foreign reserves soar to $24b level: Ishaq Dar
Federal Finance Minister Ishaq Dar said the government is making efforts to improve economy, foreign reserves and exports.       ...
State firms ‘funded’ Emerging Markets edition which declared Dar Best Finance Minister of South Asia
International Monetary Fund’s (IMF) Mission Chief to Pakistan revealed that the five state-owned firms partially funded Emerging Markets  latest...
Ishaq Dar wins ‘Finance Minister of the Year for South Asia’ Award
Minister for Finance Senator Mohammad Ishaq Dar as “Finance Minister of the year 2016 for South Asia”. The Award is...
Foreign reserves soar to $24b level: Ishaq Dar
Federal Finance Minister Ishaq Dar said the government is making efforts to improve economy, foreign reserves and exports.        In an interview, he said foreign reserves have touched twenty four billion dollars mark due to prudent policies of the government. Ishaq Dar said a huge investment is being made... Read more
State firms ‘funded’ Emerging Markets edition which declared Dar Best Finance Minister of South Asia
International Monetary Fund’s (IMF) Mission Chief to Pakistan revealed that the five state-owned firms partially funded Emerging Markets  latest edition. Last week, the newspaper conferred Best Finance Minister of South Asia Award to Ishaq Dar and Best country in South Asia in infrastructure development to Planning and Development Minister... Read more
Ishaq Dar wins ‘Finance Minister of the Year for South Asia’ Award
Minister for Finance Senator Mohammad Ishaq Dar as “Finance Minister of the year 2016 for South Asia”. The Award is a recognition of Pakistan’s economic performance at the International Monetary Fund (IMF) and World Bank Annual Meeting which is one of the major gatherings of international financial and economic leaders... Read more
Petroleum prices to remain unchanged: Dar
Petroleum prices for the month of September 2015 remain unchanged. Federal Finance Minister, Ishaq Dar while addressing a press conference, claimed that government bore Rs 10 billion loss for not increasing petroleum prices. He informed that the cabinet meeting, held earlier in the day, approved recommendations mooted by the... Read more
Govt, real estate dealer agree FBR to determine real estate prices
The government and the real estate sector representatives reached a consensus on the issues of fair market valuation of the property and Property Gain Tax (PGT). Finance Minister Ishaq Dar on Saturday said Federal Board of Revenue will determine prices of real estate and by the same measure tax... Read more
PTI decides to submit petition against Ishaq Dar in NAB
Pakistan Tehreek-e-Insaf (PTI) has decided to submit a petition against Federal Finance Minister Ishaq Dar in accountability court on Monday. According to details, PTI leadership has asked its legal advisers to prepare a petition against Dar. PTI has inquired as to why NAB closed corruption cases and seized investigation against... Read more
NAB decries politically motivated opinions over Dar’s case closure
National Accountability Bureau (NAB) Monday decried uninformed, politically motivated opinions being splashed across media by chief of Pakistan Tehreek-e-Insaf (PTI) Imran Khan. Referring the statement of chief Imran carried by a section of media regarding closure of investigation against Ishaq Dar, spokesman of NAB said that the successive investigation... Read more
NAB decides to drops all inquiries against Ishaq Dar
National Accountability Bureau (NAB) dropped all the investigations against federal finance minister Ishaq Dar. The Executive Board of NAB, which was chaired by Qamar Zaman Chaudhry in which the decision was taken to drop all charges and inquiries pending against Dar as Commerce Minister since 2001. In the meeting, NAB... Read more
Ishaq Dar takes strong notice of NBP online system breakdown
Finance Minister Senator Mohammad Ishaq Dar Saturday took strong notice of the difficulties being faced by pensioners in collecting pensions at various bank branches. Talking to Governor State Bank of Pakistan (SBP) on telephone, the finance minister asked him to contact the National Bank Authorities and redress the problems... Read more
Inflation lowest in 46 years
The inflation rate has been recorded below three percent, which is the lowest in 46 years. In 1968-69, inflation was recorded at 1.6 percent.Pakistan’s economy is gaining momentum as the foreign exchange reserves have also gone above the historic mark of $23 billion. While talking about the economic turnaround... Read more
Only ISI and IB still have ‘secret funds’, Fiance Minister Ishaq Dar informs NA
“The Inter-Services Intelligence (ISI) and Intelligence Bureau (IB) are the only two departments that are still using secret service funds”, Finance Minister Ishaq Dar told the National Assembly earlier yesterday. Responding to lawmakers’ concerns over the grants and expenditures that were laid before the house, he said that when... Read more
Pakistan’s inclusion in MSCU emerging market list historic claims Finance Minister Ishaq Dar
The Federal Minister for Finance Mohammad Ishaq Dar has termed the re-entry of US based index provider Morgan Stanley Capital International (MSCU) in the list of emerging markets as historical and reflective of the right direction of Pakistan’s economy. It has been a good partnership with International Monetary Fund... Read more
Govt ‘overspent’ Rs261bn in FY 2015-16
Islamabad: Despite the government’s protestations of “fiscal discipline”, Finance Minister Ishaq Dar has sought parliament’s post-facto approval for a Rs261 billion ‘supplementary budget’ to cover massive governmental expenditure overruns in the outgoing fiscal year, almost 28pc higher than the figure approved last year. Many of these overruns could be... Read more
Budget speech for fiscal year 2016 -17
Federal Finance Minister Ishaq Dar presented the federal budget for fiscal year 2016 -17 in the National Assembly on Friday. Find below the budget speech Bismillahir-Rehmanir-Rahim PART-I Mr. Speaker, 1. As I rise to present the 4th Budget of our Government, the Prime Minister and the Leader of the House is recovering... Read more