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Government taking measures to raise GDP growth rate to 7pc: Dar

ISLAMABAD:(APS)FEB 14,2016-Finance Minister Ishaq Dar says the government is fully committed to support the debt market in particular Sukuk bonds. He said this during a meeting with senior officials of the Securities and Exchange Commission of Pakistan in Islamabad on Sunday. The Minister said infrastructure development and long-term financing through the capital market is a critical element to raise GDP ... Read More »

Pakistan offers ideal environment for telecom sector

ISLAMABAD:(APS)FEB 8,2016-Prime Minister Nawaz Sharif says the incentive-based transparent policies of the government have restored confidence of international business community to invest in Pakistan. He was talking to Chief Executive Officer of VimpelCom Jean-Yves Charlier in Islamabad on Monday. The Prime Minister said government’s clear policies have especially revolutionized the Telecom sector and successful launch of 3-G and 4-G in ... Read More »

Govt focusing on promotion of Islamic Banking’

ISLAMABAD:(APS)Feb1,2016-President Mamnoon Hussain has said the government is pursuing appropriate policies for the promotion of Islamic Banking and Finance in the country. Addressing a roundtable conference on Islamic Banking in Islamabad on Monday, he said it is encouraging that the share of Islamic banking in overall banking sector is steadily growing. This, he said, shows the tendencies of public towards ... Read More »

Country’s economy is improving: Finance Minister

ISLAMABAD:(APS)Dec 26,2015-The Finance Minister Ishaq Dar has said that the economy of the country is improving gradually and economic indicators are tremendously better. He was talking to the media after the passing-out ceremony of the 47 newly-inducted Revenue Officers at the FBR Training and Research center in Lahore on Saturday. He said that our GDP rate and capital reflection is ... Read More »

Taxes imposed on import of luxury items not to affect common man: Dar

ISLAMABAD:(APS)Dec 7,2015-Finance Minister Ishaq Dar has said recent taxes have been imposed on import of luxury and non-essential items and therefore would not affect the common man. Giving a policy statement in the National Assembly this evening, he said recent revenue generation measures have been announced strictly under various acts of Parliament to bridge forty billion rupee shortfall in revenue ... Read More »

Govt working on policies to attract foreign traders: CM Punjab

ISLAMABAD:(APS)Nov 7,2015-Punjab Chief Minister Muhammad Shahbaz Sharif has said that PML (N) government is working on policies to attract foreign traders for providing job opportunities to the people living in Punjab. He was addressing, concluding session of a two-day international seminar on business opportunities in Punjab. The Chief Minister said the seminar provided an opportunity to show tremendous potential of ... Read More »

Makeover designed system for the convenience of pensioner

Makeover designed system for the convenience of pensioner

  ISLAMABAD:(APS)October 16, 2015 -The Auditor General of Pakistan(AGP) Rana Asad Amin here on Friday had a meeting with the Finance Minister, Senator Mohammad Ishaq Dar and shared with him initiatives and recommendations envisaged by the Office of AGP for facilitation of pensioners in the country. After detailed briefing by the AGP, important decisions were taken with a view to ... Read More »

Farmers need social protection ever more; Sikandar Bosan

Farmers need social protection ever more; Sikandar Bosan

ISLAMABAD:(APS)Oct 16,2015-Ministry of National Food Security and Research celebrated World Food Day in partnership with WFP (World Food Programme), FAO (Food and Agriculture Organization ), PARC  (Pakistan Agriculture Research Council) and IFAD (International Fund for Agriculture Development )under the theme “Social Protection and Agriculture: Breaking the cycle of Rural Poverty”.  While speaking at the occasion, the Federal Minister for Food ... Read More »

Pak-Russia sign Inter-Governmental agreement on the North-South Gas Pipeline

Pak-Russia sign Inter-Governmental agreement on the North-South Gas Pipeline

ISLAMABAD:(APS) Oct 16,2016-Prime Minister Muhammad Nawaz Sharif has said that the growing cooperation between Pakistan and Russia would help a great deal in fulfilling Pakistan’s energy requirements. The Prime Minister said this while meeting a Russian delegation led by Mr. Alexander Novak, Minister of Energy of the Russian Federation who called on the PM at PM House Islamabad, today. This ... Read More »

Saudi Companies to invest oil and gas sector in Pakistan; Ishaq Dar

Saudi Companies to invest oil and gas sector in Pakistan; Ishaq Dar

ISLAMABAD:(APS)Pakistan and Saudi Arabia have agreed to work closely to strengthen bilateral trade and economic relations. Saudi Arabia says it is keenly looking at investment opportunities for Saudi investors in Pakistan. In a meeting with Finance Minister Ishaq Dar in Islamabad on Saturday, Saudi Ambassador Abdulah Marzouk Al-Zahrani said he will encourage investors from the Kingdom to take advantage of ... Read More »

Income tax  files extend  date till October 31

Income tax files extend date till October 31

ISLAMABAD:(APS)Sep 30,2015-Federal Minister for Finance Senator Mohammad Ishaq Dar chaired the meeting of the Economic Coordination Committee of the Cabinet here Wednesday. The Committee approved a proposal submitted by the Federal Board of Revenue to extend for another month i.e. till 31st of October 2015, the reduced rate of 0.3% advance income tax from non-filers, on banking transactions, under section ... Read More »

FINANCE MINISTER  MEETS US DEPUTY SECRETARY TREASURY SARAH BLOOM RASKIN

FINANCE MINISTER MEETS US DEPUTY SECRETARY TREASURY SARAH BLOOM RASKIN

ISLAMABAD:(APS) September 26, 2015-Finance Minister Muhammad Ishaq Dar met Deputy Secretary Treasury, Sarah Bloom Raskin in Washington and apprised her about the remarkable turnaround of Pakistan economy in a short span of two years. Senator Dar stated that the resurgence of Pakistan economy was recognized by global financial institutions and rating agencies. He specifically mentioned the sharp decline in inflation ... Read More »

APP Workers Unsafe Economically: APP administration should be changed

APP Workers Unsafe Economically: APP administration should be changed

ISLAMABAD: APP Employees Union said that  to stop exploitation of APP workers. APP Union including other media organizations demanded  that  to be restore closure of medical allowance and dues of non-payment. He also demanded that  negative tactics and retaliatory actions to hold off from APP management. It also workers demanded that  to take action against corrupt APP administration. Read More »

GERMAN AMBASSADOR MEETS ISHAQ DAR

GERMAN AMBASSADOR MEETS ISHAQ DAR

ISLAMABAD:(APS) September 12, 2015-The newly appointed German Ambassador to Pakistan, Ms Ina Lepel met the Finance Minister, Senator Mohammad Ishaq Dar here Saturday. She was accompanied by First Secretary, Almut Knop on the occasion. Minister Dar welcomed the German Ambassador and wished her well during her diplomatic assignment in Pakistan. The Ambassador apprised the Minister of the visit next week ... Read More »

Exports is inevitable to increase government revenue; Prime Minister

Exports is inevitable to increase government revenue; Prime Minister

ISLAMABAD:(APS) September 11, 2015-Prime Minister Muhammad Nawaz Sharif chaired a meeting with the heads of Pakistan Chamber of Commerce and export groups of the country at Prime Minister’s Office today. Prime Minister said that the meeting with the representatives of business houses and export groups has been convened to deliberate on the measures to increase the exports of the country. ... Read More »

OGRA recommends Rs 6.15 cut in petrol price from Sept 1

OGRA recommends Rs 6.15 cut in petrol price from Sept 1

ISLAMABAD (APS News) – Oil and Gas Regulatory Authority (OGRA) on Friday has recommended the Finance Ministry to cut petroleum products’ prices by at least Rs 7.5 per litre starting from September 1. The department dispatched a summary regarding petroleum products’ prices to the Finance Ministry. The summary recommends a price cut of at least Rs 6.15 in petrol prices ... Read More »

Government is a top priority empowerment  of youth as social and economic; Leila Khan

Government is a top priority empowerment of youth as social and economic; Leila Khan

ISLAMABAD:(APS)August12,2015-“Government is striving hard to empower youth socially and economically through multiple interventions under the aegis of Prime Minister’s Youth Programme”, said Ms Leila Khan, Chairperson Prime Minister’s Youth Programme.  She was addressing the participants of a function organized jointly by Young Parliamentarians Forum (YPF) and UNDP Pakistan at Pakistan Institute of Parliamentary Services (PIPS) in order to mark the ... Read More »

Pakistan needs unconventional fiscal and monitory policy measure. Saleem Mandviwalla

Pakistan needs unconventional fiscal and monitory policy measure. Saleem Mandviwalla

    ISLAMABAD/KARACHI:(APS)Chairman Standing Committee Finance Senator Saleem Mandviwalla has said that  Pakistan has had to adopt unconventional fiscal and monitory policy measure since the Fiscal and monetary policies are no longer restricted to their traditional roles. He was addressing a three days international conference on China-Pakistan economic corridor in urumqi china. He said that Global financial crisis and the ... Read More »

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