Currently browsing : Finance Minister Abdul Hafeez Shaikh
4th January, 2013
Gas consumers spared Rs9bn dent, for now
Farooq H. Naek and Abdul Hafeez Shaikh were the most vocal opponents of burdening the consumers as the feared the move would have serious legal and political ramifications.
Farooq H. Naek and Abdul Hafeez Shaikh were the most vocal opponents of burdening the consumers as the feared the move would have serious legal and political ramifications.
29th December, 2012
Hafeez given task: Govt to tell nation about ‘economic successes’
PM Raja Pervez Ashraf and his cabinet colleagues believe they need to be tutored to explain the PPP govt’s economic achievements to the public.
PM Raja Pervez Ashraf and his cabinet colleagues believe they need to be tutored to explain the PPP govt’s economic achievements to the public.
29th November, 2012
US, Pakistan begin talks to review economic ties
A high-level Pakistani delegation arrived here on Wednesday for talks aimed at reviewing economic ties between the two countries.
A high-level Pakistani delegation arrived here on Wednesday for talks aimed at reviewing economic ties between the two countries.
28th November, 2012
US, Pakistan working quietly to rebuild ties
The US and Pakistan are quietly rebuilding their ties after more than a year of unpleasant interruptions.
The US and Pakistan are quietly rebuilding their ties after more than a year of unpleasant interruptions.
2nd November, 2012
Entire govt responsible for power crisis: Shaikh
The govt should acknowledge that it has failed to bring about any improvement in the power sector even after pouring a staggering sum of Rs 1.4 trillion, said Shaikh.
The govt should acknowledge that it has failed to bring about any improvement in the power sector even after pouring a staggering sum of Rs 1.4 trillion, said Shaikh.
2nd July, 2012
Talks with US progressing, not yet conclusive: FO
The US assured Pakistan that it would soon release CSF's first installment of 400 million dollars while the remaining 400 million would be dispatched soon.
The US assured Pakistan that it would soon release CSF's first installment of 400 million dollars while the remaining 400 million would be dispatched soon.
2nd June, 2012
An attempt to temper populism with realism
The PPP govt unveiled its fifth budget, which tried to balance the economic mess the govt faces with the demands of the upcoming election.
The PPP govt unveiled its fifth budget, which tried to balance the economic mess the govt faces with the demands of the upcoming election.
12th May, 2012
Circular debt stands at Rs80bn, NA body told
The NA’s Standing Committee on Finance has proposed a range of taxation measures to document the economy.
The NA’s Standing Committee on Finance has proposed a range of taxation measures to document the economy.
19th April, 2012
Pakistan upbeat on trade with India
Pakistan's finance minister said he saw popular support for building ties with India and benefiting from its “dynamic” economy.
Pakistan's finance minister said he saw popular support for building ties with India and benefiting from its “dynamic” economy.
21st January, 2012
Consumers to bail out power firms
ISLAMABAD, Jan 20: On top of the continuously increasing tariff, electricity consumers will also have to pay the cost of interest on power sector loans.
ISLAMABAD, Jan 20: On top of the continuously increasing tariff, electricity consumers will also have to pay the cost of interest on power sector loans.
23rd December, 2011
Interference affects power firms` work, say officials
ISLAMABAD, Dec 22: Political interference, lack of policy guidelines, ad hoc appointments to key posts and security situation in the country are hampering the functioning of Wapda`s distribution companies on professional lines, affecting the power sector reforms aimed at benefiting consumers.
ISLAMABAD, Dec 22: Political interference, lack of policy guidelines, ad hoc appointments to key posts and security situation in the country are hampering the functioning of Wapda`s distribution companies on professional lines, affecting the power sector reforms aimed at benefiting consumers.
3rd December, 2011
Pakistan pays Rs 1 trillion in energy subsidies: Hafeez
The finance minister said that inefficiency and corporate misgovernance are other reasons for incurring colossal losses.
The finance minister said that inefficiency and corporate misgovernance are other reasons for incurring colossal losses.
25th November, 2011
Govt to provide Rs 600 mln to PR for settling Wapda’s dues
The cabinet committee also decided to increase the credit limit of Railways with the PSO and to ensure subsidy to cover the bill of salaries and pension.
The cabinet committee also decided to increase the credit limit of Railways with the PSO and to ensure subsidy to cover the bill of salaries and pension.
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…
17th July, 2011
US civilian aid to continue: Hafeez
ISLAMABAD, July 16: Prime Minister Yousuf Raza Gilani asked Finance Minister Dr Abdul Hafeez Shaikh on Saturday to accelerate work on the government’s development agenda.…
ISLAMABAD, July 16: Prime Minister Yousuf Raza Gilani asked Finance Minister Dr Abdul Hafeez Shaikh on Saturday to accelerate work on the government’s development agenda.…
26th June, 2011
Excise duty, other surcharges to go in two years: Hafeez
KARCHI, June 25: Finance Minister Abdul Hafeez Sheikh said on Saturday that within next two years, the excise duty and other surcharges would be totally…
KARCHI, June 25: Finance Minister Abdul Hafeez Sheikh said on Saturday that within next two years, the excise duty and other surcharges would be totally…
19th April, 2011
Myth that Pakistan gets billions in US aid: Hafeez
WASHINGTON: Pakistan’s finance minister on Monday dismissed as “a myth” in the United States that his country is a major recipient of tens of billions…
WASHINGTON: Pakistan’s finance minister on Monday dismissed as “a myth” in the United States that his country is a major recipient of tens of billions…
18th April, 2011
IMF concerned over rising inflation, deficit
ISLAMABAD: The International Monetary Fund is reported to have expressed concern over rising inflation in Pakistan and growing uncertainties over keeping fiscal deficit within a…
ISLAMABAD: The International Monetary Fund is reported to have expressed concern over rising inflation in Pakistan and growing uncertainties over keeping fiscal deficit within a…
