Prime Minister Raja Pervez Ashraf has suggested three names for the caretaker Prime Minister in response to a letter of Opposition leader in the National Assembly, spokesman for the PM office said on Thursday. The prime minister in his letter proposed three names of former Finance Minister Dr Hafeez Shaikh, former State Bank Governor […]
Finance Minister, Hafeez Shaikh Tuesday resigned after speculations that he may be appointed as caretaker Prime Minister to oversee parliamentary elections, officials said. Shaikh had earlier denied reports about his resignation and any new responsibility. The government will complete its term in mid-March and new elections must be held in two months. […]
The Economic Coordination Committee (ECC) of the Cabinet Tuesday prioritized the gas management and the CNG was placed as the last priority. It was decided that first priority order will be given to the domestic and commercial sectors. The power & general industries sectors will be accorded second and third priority respectively. Whereas cement […]
Govt. to present the budget on June 1: Hafeez Shaikh Islamabad: (Friday, May 18, 2012) Federal Minister for Finance, Dr. Abdul Hafeez Shaikh has said that the federal government will present the upcoming budget on June 01. He said the government will give priority to protecting the poor. The Minister for Finance shared this information […]
May 18 2012 | Posted in
Business,
Pakistan |
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Finance Minister expects a growth rate of 4 percent for current fiscal year Thursday, April 19, 2012: Hafeez Shaikh, Finance Minister of Pakistan, has revealed that the country is expecting a growth of about 4 percent in the current fiscal year, even though; Pakistan has to pay $1.4 billion in loan repayments. Shaikh said this […]
Pakistan Railways on path of brinkmanship As the crisis at Pakistan Railways (PR) touches a new height, the most recent economic catastrophe in the organisation can be blamed upon a stalemate between the Ministry of Finance and the Railways Ministry. However, the problem has its roots in the decades-long politicisation of the management and hiring […]
Oct 19 2011 | Posted in
Opinion |
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