ECC decides to approve proposal of Power Division for signing of draft PPAA, ICA, TDA & Mediation Agreements b/w K-Electric & GoP Entities ISLAMABAD  (  Web  News  ) Federal Minister for Finance, Revenue, and Economic Affairs, Dr. Shamshad Akhtar presided over a meeting of the Economic Coordination Committee (ECC) ofRead More →

Govt has been successful in concluding first review with IMF recently: Dr. Shamshad Akhtar Says Pakistan highly values its bilateral ties with the Germany including trade & economic relations ISLAMABAD  (  Web News ) Ambassador of the Federal Republic of Germany Alfred Grannas called on Caretaker Federal Minister for Finance,Read More →

ECC approves summary submitted by Ministry of Energy for extension of GOP guarantee ceiling of Rs 100 biln in favour of PSO till Dec 2024 Dr. Shamshad Akhtar presides over meeting of the Economic Coordination Committee of the Cabinet ISLAMABAD  ( Web News  ) Caretaker Federal Minister for Finance, Revenue,Read More →

IoBM to host International Conference on Islamic Banking and Finance Karachi   (  Web News ) The Institute of Business Management (IoBM) has announced that it will be hosting its high-profile 7th Annual International Conference on Islamic Banking and Finance from November 14 to 15, 2023. Chief guests at the conference’sRead More →

Dr. Shamshad Akhtar advises SECP to actively engage with DFIs to highlight the opportunities present in the capital market Says DFIs having requisite expertise, efficiency & flexibility can be the potential drivers of growth & development of the capital market ISLAMABAD ( Web News  ) Caretaker Federal Minister for Finance,Read More →

OICCI urges collaborative efforts to address climate crisis at Pakistan Climate Conference 2023 KARACHI  (  Web  News  ) “Climate change is a global issue but in Pakistan’s case it is evident that climate change is happening now and not a phenomenon that only our future generations will experience,” said AmirRead More →

Dr. Shamshad Akhtar explains measures current govt has undertaken to stabilize economy & to ensure optimum revenue collection ISLAMABAD  (  Web  News  ) Caretaker Federal Minister for Finance and Revenue Dr. Shamshad Akhtar and Chairman FBR Malik Amjed Zubair Tiwana visited Overseas Investors Chamber of Commerce & Industry (OICCI) andRead More →

Dr. Shamshad Akhtar reiterates commitment of govt to expanding the tax base & addressing energy sector issues for a robust economy Says remissions are offered to the investors to increase investment in the country KARACHI  (  Web News ) Federal Minister for Finance, Revenue, and Economic Affairs Dr. Shamshad AkhterRead More →

  Finance Minister launches “Centralized Gateway Platform” developed by CDC The platform is envisioned to greatly help financial institutions by reducing the costs and complexities associated with on boarding their clients. KARACHI  ( Web News ) As a unique initiative in Pakistan’s financial landscape, “The Centralized Gateway Portal” has beenRead More →

PIA  has sought yet another bailout package worth Rs23 billion The PIA management met with caretaker Finance Minister Dr Shamshad Akhtar this week and sought financing of Rs23 billion ISLAMABAD ( Web News )The Pakistan International Airlines (PIA) has sought yet another bailout package worth Rs23 billion from the governmentRead More →

The State Bank of Pakistan Act aims at Improving Efficiency through Independence: Speakers   ISLAMABAD ( Web News ) Former Finance Minister Dr. Hafeez Pasha says, the need of an autonomous State Bank was always there, as the successive governments have been intervening, in matters related to monetary policies. HeRead More →