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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.

Updated on May 04, 2019 02:14 PM IST
Bloomberg |
Kamran 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.

Published on Apr 19, 2019 10:48 AM IST
Islamabad |
Press 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”.

Published on Mar 11, 2019 06:09 AM IST
Hindustan Times, Islamabad |
Imtiaz 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

Updated on Feb 11, 2019 07:21 PM IST
Islamabad |
Reuters
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.

Updated on Jan 25, 2019 02:11 PM IST
Saudi to make biggest investment in Pakistan’s history: Minister
The Minister said that he keeps getting messages from Saudi Crown Prince Mohammad Bin Salman “through other people to hurry up”.

Updated on Dec 14, 2018 06:07 PM IST
Islamabad |
Indo Asian News Service
Pak PM Imran Khan to embark on first visit China from Nov 3
Prime Minister Khan’s visit to China, Pakistan’s “all weather” ally, will come ahead of a visit to Islamabad by officials of the International Monetary Fund (IMF) for formal discussions on a bailout package for the cash-strapped country.

Updated on Oct 15, 2018 11:53 PM IST
Press Trust of India |
Press Trust of India
IMF chief, Pakistan FM meet as Islamabad seeks bailout package
Prime Minister Imran Khan on Wednesday vowed to steer the country out of a looming balance-of-payments crisis, saying it needs $10-12 billion.

Published on Oct 11, 2018 02:42 PM IST
Nusa Dua, Indonesia |
Agence France-Presse
Ban cheese imports? Pakistan discusses out-of-the-box ideas to avoid IMF bailout
The Economic Advisory Council held its first session last week, chaired by finance minister Asad Umar, who took office last month.

Updated on Sep 10, 2018 09:37 AM IST
Islamabad |
Reuters
United States should worry about its own debts to China, says Pakistan’s next finance minister
PTI leader Asad Umar, who is set to be Pakistan’s next finance minister under Imran Khan’s premiership, said the new government will bring all China-Pakistan Economic Corridor (CPEC) agreements to the fore to show no such issue will take place.

Updated on Aug 06, 2018 12:05 AM IST
Hindustan Times, Islamabad | , Islamabad
Imtiaz AhmadUS-designated terrorist and leader of Harkat-ul-Mujahideen announces support for Imran Khan’s political party
Fazlur Rehman Khalil, the founder of Harkat-ul-Mujahideen (HuM) and a US-designated global terrorist with links to al-Qaeda, on Tuesday joined Imran Khan’s Pakistan Tehreek-e-Insaf

Updated on Jul 18, 2018 12:00 AM IST
Hindustan Times, Islamabad | , Islamabad
Imtiaz Ahmad