Finance Ministry

Economic stability hinges on additional interest rate cuts, says finance czar

Finance ministry pushed the PM to take back the previous notification

Finance ministry raises objections to cash credit limit for wheat purchase

Flags lack of transparency in board fees, recommends inquiry into 60 SOEs

Finance ministry conceals critical information, violates fiscal laws

Finance ministry terms proposal in violation of SIFC decision

Govt reduces petrol price by Rs40 per liter, effective today

Document predicts halt in inflation spike in September

Finance ministry’s disclosure deals blow to watchdog’s fabulous claim

Negotiators told cabinet move would lead to revival of IMF programme

Increased production may boost exports, domestic production might substitute for imported products, says report

Questions commerce ministry how its projections went off the mark by huge margin

PTI govt looks to run SOEs on commercial basis but does not want to lose control

Finance ministry says Pakistan’s capacity to repay ‘adequate’

Principal accounting officers to control, reduce utility expenses of ministries, divisions

Global agency maintains country’s B3 credit rating after concluding downgrade review

Financial management and internal audit system will be introduced in the department

Directs chief secretaries to ensure zero tolerance for smuggling and hoarding

Federal government would bear 40% of the first loss on the principal portion of the disbursed loan portfolio of banks

Finance ministry fears declining trend in agricultural sector during current financial year

Planning ministry to face tough time as its financing needs stand at Rs1.1tr

Finance adviser says comprehensive relief package will be offered to industry

Dr Abdul Hafeez Shaikh says without it developing countries will be worst affected from COVID-19 pandemic

Office of Auditor General of Pakistan tells govt that independence, autonomy of a constitutional entity must be upheld

Ministry of Finance says net increase in external debt in 1HFY20 is $1.7 billion instead of $5.5 billion

External debt peaks at 159% of total reserves at the end of last fiscal year

May approve $500m for fiscal management

Gives go-ahead for release of 650,000 tons of wheat to K-P, Sindh, Balochistan

Hammad Azhar has now been assigned comparatively less important portfolio of Minister for Economic Affairs Division

Increase in rates and new slabs means tough time ahead of middle class

Former finance minister says international lender’s conditions were tougher in Oct

Govt faces resistance over its plans to withdraw sales tax and income tax exemptions being availed by industrialists

State minister says $37b worth of foreign loans to be paid during the next five years

Adviser instructs FBR to come up with a simplified version with only two tax classifications

Asad Umar turns down energy portfolio, quits federal cabinet

Finance minister claims stock market has recovered from the losses of 2018

Govt has yet to allocate formal budget for fuel and drivers of vehicles

Finance Minister Asad Umar briefs Senate body on pace of economic reforms suggested by IMF

Finance ministry officials rewarded for sitting late during budget-making process

Finance ministry also quashes claims of rift between Umar, Abdul Razak Dawood

OGRA had recommended increase of up to Rs4.41 per litre

Cast doubt over Rs814b fiscal adjustment announced by the govt

Performance of CDNS also remained below par during the DG’s two-year tenure

Decision comes on back of record high budget deficit of Rs2.4tr

Also stops the process for appointing CEOs of three joint investment firms

Finance ministry is not ready to release funds for export manufacturers

Claim apparently aims to allay fears that SBP could freeze foreign currency accounts

The 16-member cabinet features nine newcomers, including changes at the oil and finance ministries

Among the names mentioned in media as possible finance chiefs are Miftah Ismail and Sartaj Aziz

Portfolio of finance ministry will remain with the prime minister until Dar's return