Next mandated govt to continue policies initiated by caretakers: Dar

Former finance minister Ishaq Dar addressing the media after unveiling the Economic Survey. — AFP/File Pakistan Muslim League-Nawaz (PML-N) senior leader and former finance minister Ishaq Dar on Friday said that the next elected government would carry forward the policies initiated by the caretaker setup as the general elections are scheduled to be held at […]

China has rolled over $2.4b loans for two years: Dar | The Express Tribune

Finance Minister Ishaq Dar said on Thursday that China’s Export-Import (Exim) Bank rolled over $2.4 billion in loan payments for the next two years. “Chinese EXIM Bank has rolled over for 2 years principal amounts of following loans totalling US$ 2.4 billion which are due in next 2 fiscal years,” he announced in a tweet. Chinese […]

Dar assures PIA of maximum support | The Express Tribune

ISLAMABAD: Finance Minister Ishaq Dar on Saturday assured the Pakistan International Airlines (PIA) of maximum support for the improvement of its services, aiming to transform it into a profit-oriented entity for the country. PIA Chief Executive Officer (CEO) Air Vice Marshal Muhammad Amir Hayat called on the finance minister and discussed matters related to the […]

Pakistan receives $1bn from UAE after IMF deal: Dar

Finance Minister Ishaq Dar is addressing the media in this still taken from a video on July 12, Wednesday. — YouTube/GeoNews Pakistan has received $1 billion from the United Arab Emirates (UAE) days after clinching deal with the International Monetary Fund (IMF) on Stand-By Arrangement (SBA), Finance Mnister Ishaq announced on Wednesday. “We have received […]

Dar briefs Blome about IMF deal | The Express Tribune

ISLAMABAD: Finance Minister Ishaq Dar on Wednesday briefed US Ambassador Donald Blome about successfully reaching the staff-level agreement with the International Monetary Fund (IMF). According to a statement issued by the finance ministry, the discussion was made via phone call in a meeting between the US ambassador with the finance minister. The two exchanged views about areas […]

No change in petrol price, says Ishaq Dar

A representational image of a fuel station staffer updating the fuel prices in Karachi. — AFP/ File In a late night press conference on Friday, Finance Minister Ishaq Dar announced that the government has decided to maintain the status quo on the petrol prices but the diesel prices have been increased by Rs7.50 for the […]

IMF deal expected in next 24 hours: Dar | The Express Tribune

Finance Minister Ishaq Dar has said that a staff level agreement for a crucial bailout deal with the International Monetary Fund (IMF) was “very close” and expected in the next 24 hours. Islamabad is racing against time to unlock at least $1.1 billion under the lender’s ninth review of a $6.5-billion Extended Fund Facility agreed […]

ECC approves bonded storage policy for petroleum products: Dar | The Express Tribune

ISLAMABAD: Finance Minister Ishaq Dar announced on Wednesday that the Economic Coordination Committee (ECC) has approved the “Bonded Bulk Storage Policy 2023” for petroleum products. The minister took to Twitter to make the announcement and said that the government has fulfilled another of its commitment “with the people of Pakistan that was made in the […]

IMF has no confidence in Dar, says Qureshi

PTI Vice Chairman Shah Mehmood Qureshi addresses a press conference in Multan, on June 25, 2023, in this still taken from a video. — YouTube/GeoNews Coming down hard on Finance Minister Ishaq Dar, Pakistan Tehreek-e-Insaf (PTI) Vice Chairman Shah Mehmood Qureshi said Sunday that the IMF had no confidence in the financial czar and that […]

Sindh’s grievances will be addressed today, assures Dar

Finance Minister Ishaq Dar speaks in the National Assembly in Islamabad on June 19, 2023. — Radio Pakistan Following the Pakistan Peoples Party’s (PPP) criticism of the federal government for abandoning the flood victims in the budget 2023-24, Finance Minister Ishaq Dar on Monday assured that Sindh’s reservations about the rehabilitation of flood affectees will […]

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