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Pakistan fires central bank, tax body chiefs amid IMF talks

Tariq Bajwa, chief of the State Bank of Pakistan, and Federal Board of Revenue Chairman Mohammad Jehanzeb Khan were fired because of their “performance,” Firdous Ashiq Awan, a special assistant to Prime Minister Imran Khan said by phone on Saturday.

Tariq Bajwa, chief of the State Bank of Pakistan, and Federal Board of Revenue Chairman Mohammad Jehanzeb Khan were fired because of their performance, Firdous Ashiq Awan, a special assistant to Imran Khan said.(Bloomberg)
Updated on May 04, 2019 02:14 PM IST
Bloomberg | ByKamran Haider and Khalid Qayum

Imran Khan reshuffles Cabinet amidst mounting criticism over government performance

The key ministry of interior was assigned to former ISI officer, Brig (retd) Ijaz Shah who was recently appointed as minister for parliamentary affairs.

Imran Khan reshuffles Cabinet amidst mounting criticism over government performance(HT Photo)
Published on Apr 19, 2019 10:48 AM IST
Islamabad | ByPress Trust of India

Pakistan seeks removal of India from FATF co-chair post

In a letter to FATF president Marshall Billingslea, Pakistan finance minister Asad Umar asked him to appoint any other member country as the co-chair “to ensure that the review process is fair, unbiased and objective”.

Pakistan has asked the Financial Action Task Force (FATF) to remove India as the co-chair of the international terror financing watchdog’s Asia-Pacific Joint Group, which is reviewing Islamabad’s progress on action against terrorism.)(PTI File Photo)
Published on Mar 11, 2019 06:09 AM IST
Hindustan Times, Islamabad | ByImtiaz Ahmed

‘Very close to securing IMF bailout’: Pakistan finance minister Asad Umar

A day earlier, Prime Minister Imran Khan met IMF chief Christine Lagarde in Dubai to discuss a bailout, and the country’s foreign currency reserves have dwindled to around $8 billion, just enough to cover about two months of imports

Pakistani prime minister Imran Khan.(AP file photo)
Updated on Feb 11, 2019 07:21 PM IST
Islamabad | ByReuters

Saudi loans $1 billion in ‘short-term relief’ to Pakistan

Pakistan has averted a balance-of-payment crisis this year and it is close to concluding an investment agreement with China, Finance Minister Asad Umar said Thursday.

The U.A.E. transferred $1 billion as part of an agreement between Pakistan and the Abu Dhabi Fund for Development this month, the central bank said in a statement on Twitter Thursday.(AFP)
Updated on Jan 25, 2019 02:11 PM IST
ByKhalid Qayum and Ismail Dilawar, Bloomberg
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