Tue, 21-Oct-2025

Ishaq Dar says before IMF deal, taxes worth Rs170bn will be imposed

Ishaq Dar IMF

Ishaq Dar says before the IMF deal, taxes worth Rs170bn will be imposed. FM recalled the programme the current administration was implementing. Dar emphasized the need for reforms in Pakistan. Finance Minister Ishaq Dar stated that negotiations with the international lender ended “positively” and that in order to restart the loan program, the government would … Read more

Pakistan fails to reach staff-level agreement with IMF

Pakistan IMF

Pakistan was unable to reach a staff-level agreement with the IMF IMF delaying signing over getting approval from Washington IMF has handed over the MEFP to Pakistan ISLAMABAD: The Government of Pakistan was unable to reach a staff-level agreement with the International Monetary Fund (IMF) on the revival of the stalled $7 billion Extended Fund … Read more

Govt determined to put economy on positive trajectory despite challenges: Ishaq Dar

Ishaq Dar

FM shared current economic outlook of the country He told about economic losses due to devastating floods Visiting dignitary appreciated the economic policies ISLAMABAD: Minister for Finance and Revenue Ishaq Dar on Tuesday said the government was determined to put economy on positive trajectory despite all the challenges. He said this while talking to Chief … Read more

Ishaq Dar vows to make banking system in accordance with Islamic teachings

Ishaq Dar

He said switching over banking system was big challenge He resolved to make Pakistan an economic power He also lambasted the previous government. ISLAMABAD: Finance Minister Mohammad Ishaq Dar has expressed the government’s resolve to make all out efforts to transform banking system in accordance with the Islamic teachings and injunctions. Virtually addressing the ‘National … Read more

Iffat Omar Slams Ishaq Dar For Using Religion After Failing

Iffat Omar
  • Iffat Omar accused Finance Minister Ishaq Dar on Instagram.
  • She demanded an explanation from the minister for hurting the economy.
  • Iffat slammed Dar for trying to shift the blame.

Iffat Omar accused the nation’s continuing economic crisis of being caused by Finance Minister Ishaq Dar on Instagram.

The actress let out her fury and demanded an explanation from the minister for hurting the economy, which is going to default if immediate action isn’t made.

She penned, “Sorry Ishaq Dar but you can’t use religion to shift blame. It was your promise to turn things around you and made it worse. You have to admit your mistake and explain us what went wrong. If we are supporting PDM doesn’t mean we won’t question you. Perform or go.”

Have a look!

Iffat slammed Dar for trying to shift the blame by claiming that Pakistan is the only country founded in the name of Islam and that Allah is accountable for its development and prosperity while the cash-strapped country struggles with a severe balance of payments issue.

It’s important to note that Iffat Omar has recently spoken up a lot about politics.

She routinely expresses her adoration for Maryam Nawaz while accusing former prime minister Imran Khan of using derogatory language and instigating violence.

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Govt announces hefty increase in petrol, diesel prices

Diesel Prices

The federal government on Sunday increased the price of petrol and diesel by a staggering Rs35 per litre in the country. Federal Minister for Finance and Revenue Senator Ishaq Dar announced that increased in the prices of Petrol and High-Speed Diesel (HSD). The prices of kerosene oil and light diesel have been increased by Rs18 … Read more

Govt increases prices of petrol, diesel by Rs 35 per litre  

Govt increases
  • Ishaq Dar announced the new prices.
  • Petrol will now be available for Rs249.80 per litre.
  • The prices of light diesel and Kerosene oil also hiked.

ISLAMABAD: The Federal government on Sunday announced increasing the price of petrol and diesel by Rs35 per litre.

Federal Minister for Finance Ishaq Dar while addressing a press conference, announced increasing the price of petrol and diesel by 35 per litre.

Following the changes in the prices, petrol will now be available for Rs249.80  and diesel for 262.80 per litre.

Meanwhile, there has been an increase of Rs18 in the price of high-speed diesel, and Kerosene  oil.

The new prices of high-speed diesel are Rs 187 and Kerosene Oil are Rs 189:83.

Ishaq Dar said that the prices of petroleum products were not increased in the past four months, adding that prices of diesel and kerosene oil also decreased during the period.

The minister went on to say that the speculations had also led to an artificial shortage of petroleum products in the market.

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Dar challenges Imran for debate on economic debacle

Imran Khan Ishaq Dar

ISLAMABAD: Minister for Finance Senator Ishaq Dar has challenged Chairman Pakistan Tehreek-e-Insaf Imran Khan for debate on the economy, adding that Imran is responsible for economic crisis in the country. He was addressing a presser in Islamabad on Friday, reacting to the speech of Imran Khan made earlier day. The Finance Minister said Imran Khan … Read more

ECC approves used tractors import

ECC tractors import

ISLAMABAD: Instead of supporting the local tractor manufacturers who have already suspended their operations or are on the verge of it because of lacklustre sales, the government has decided to allow the import of up to five-year-old tractors. The decision was taken in the meeting of the Economic Coordination Committee (ECC) of the Cabinet held … Read more

Govt to introduce reforms to achieve economic stability: Dar

Ishaq Dar

ISLAMABAD: Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar Friday said that despite inheriting a weak economic legacy, the government is determined to set the economy in the right direction and introduce reforms in various sectors to achieve economic stability and growth. Chairing the inaugural meeting of the Reforms and Resource Mobilization Commission … Read more

Governor violated constitution by not mentioning election date: Imran Khan

Imran Khan

Imran Khan has decided to take Punjab Governor to the courts. Chaudhry Nisar raised the first voice against PML-N’s bequeathed politics. Khan said that PDM is being exposed to the public with each passing day. LAHORE: Chairman Tehreek e Insaf Pakistan Imran Khan states that Governor Punjab Balighur Rahman violated the constitution by not writing … Read more

Dar denies govt considering access to commercial banks forex

Ishaq Dar

Ishaq Dar denied any such move is under consideration He said dollars in commercial banks are “property of the people” He said some “vested elements” gave his comments a deliberate twist ISLAMABAD: Minister for Finance and Revenue Ishaq Dar said the government was not considering access to foreign exchange reserves held with the commercial banks. … Read more

Dar seeks budgetary support to cope with flood challenges

Ishaq Dar

Ishaq Dar sought budgetary support to provide relief to flood victims He said friendly countries can consider debt swaps and financial instruments He said Pakistan will contribute $8bn for reconstruction in next three years   GENEVA: Federal Minister for Finance and Revenue Senator Ishaq Dar sought budgetary support to enable the government to continue providing … Read more

ECP rejects plea filed for disqualification of Ishaq Dar

ECP Ishaq Dar disqualification

ECP rejects plea filed for disqualification of Ishaq Dar Plea was filed by PTI leader Dr Shahzad Waseem ECP announced the reserved decision ISLAMABAD: The Election Commission of Pakistan (ECP) on Monday rejected the plea filed for the disqualification of Finance Minister Ishaq Dar. As per details, a plea was filed by the Leader of … Read more

PML-N leaders complain over Miftah Ismail’s criticism

Miftah Ismail

PML-N leaders have complained about Miftah Ismail remarks They urged Shehbaz Sharif to issue show cause notice They also expressed reservations about Muhammad Zubair   Pakistan Muslim League-Nawaz (PML-N) leaders have expressed concerns over the statements of former finance minister Miftah Ismail against the party leadership, sources revealed to BOL News. Miftah Ismail has been … Read more

Court unfreezes Ishaq Dar’s bank accounts 

Ishaq Dar
  • The accountability court has issued the written verdict.
  • Accountability Court withdraws 2017 asset confiscation order.
  • The judge Muhammad Bashir ordered to unfreeze all the assets of Dar.

ISLAMABAD: An accountability court in Islamabad on Saturday unfrozen Finance Minister Ishaq Dar’s bank accounts and assets.

The accountability court has issued the written verdict on the assets beyond known sources of income case.

While issuing a written order, the accountability court said that the confiscation of the assets of the finance minister is over and the bank accounts are also being restored. Accountability Court withdraws 2017 asset confiscation order.

Federal Finance Minister Ishaq Dar’s bank accounts and house in Lahore were confiscated by the government, the written order will say that Ishaq Dar’s assets were confiscated after he was declared proclaimed offender.

Ishaq Dar’s assets were unfrozen after the amendments to National Accountability Bureau (NAB) laws.

The accountability court judge Muhammad Bashir ordered to unfreeze all the assets of finance minister Ishaq Dar.

Earlier, the district administration of Lahore unfrozen Finance Minister Ishaq Dar’s assets.
The assets which were frozen by National Accountability Bureau (NAB) in the assets beyond the means case were unfrozen by the district administration of Lahore.

The Lahore administration returned the property Hajveri House, 7-H, Gulberg-III to the finance minister Ishaq Dar and a letter has also been sent to the four banks to restore his accounts.

It is pertinent to mention here that an accountability court ordered to freeze Dar’s assets after his continuous absence from the court proceedings in the case.

A reference against Ishaq Dar, Saeed Ahmed, Naeem Mahmood, and Mansoor Raza Rizvi was filed in 2017. During the trial of the case statements of 42 witnesses were recorded.

Dar left the country in November 2017 on the pretext of seeking medical treatment in London.

 

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Govt to retain prices of petroleum products: Ishaq Dar

petrol prices

Govt has decided to retain prices of petroleum products Finance Minister Ishaq Dar made the announcement Prices will remain unchanged till Jan 15   ISLAMABAD: The government has decided to maintain the existing prices of petroleum products for the next fortnight starting January 1, 2023. This was stated by Finance Minister Ishaq Dar in a … Read more

Pakistan heading in right direction and will not default: Ishaq Dar

ECP Ishaq Dar disqualification
  • Finance Minister Ishaq Dar said that Pakistan has a beautiful future.
  • He said the government heard every day that Pakistan will default.
  • The smuggling to neighbouring country main reasons behind poor economy.

ISLAMABAD: Federal Finance Minister Ishaq Dar said Pakistan is heading in the right direction and will not default.

While assuring investors at the Pakistan Stock Exchange (PSX), Finance Minister Ishaq Dar said that Pakistan has a beautiful future and a resilient economy and there is no chance of default. He said the government heard every day that Pakistan will default but there is no chance.

“Pakistan is in a tight [fiscal] position and we do not have $24 billion in reserves which the PML-N government left in 2016 and it’s not my fault. The fault is in the system and we must ensure Pakistan goes forward,” said the finance minister.

Finance Minister urged political parties to show some serious attitude and stop playing with the country’s economy for petty political gains. He further said that the Securities and Exchange Commission of Pakistan (SECP) is of great significance in improving the country’s economy and the government was focusing to improve its functioning.

“We have not banned imports but prioritized import items under different categories so the essential items can be imported on a priority basis,” Ishaq Dar said, adding that essential items including medicine and edible oil have been put in category one, energy imports in category two, imports for the export-oriented industry in category three while imports for the agricultural industry in category four.

He said nations and politicians should learn from the mistakes of the past and work together for the development of the country.

The Finance minister said the smuggling of the greenback to a neighbouring country, import of wheat, and its partial subsidization and smuggling of wheat and fertilizers are the three main reasons behind the deteriorating economy.

 

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Ishaq Dar discusses proposals to reform energy sector

Ishaq Dar

Proposals focused on bringing sustainability to the energy sector Participants discussed in detail viable proposals. Federal Minister for Power, Khurram Dastgir also attended meeting. ISLAMABAD: Ishaq Dar, Federal Minister for Finance and Revenue, here on Monday chaired a follow-up meeting on reforms in energy sector. The participants discussed in detail viable proposals presented by the … Read more

Petition filed in LHC against nominal decrease in POL products

LHC
  • Head of the Judicial Activism Panel, Azhar Siddique, has filed a plea.
  • The petitioner said the government nominally reduced the rates of petrol and other POL products.
  • Petitioner requested the court to order the government to further reduce the prices of petroleum products.

LAHORE: A petition has been filed in the Lahore High Court (LHC) against the slight reduction in petroleum prices and requesting the court to order the government to further decrease the prices of POL products as per the international market.

Head of the Judicial Activism Panel, Azhar Siddique, has filed a plea and stated that prices of petroleum products in the global market fell.

The petitioner said the government nominally reduced the rates of petrol and other POL products whereas the prices in the global oil market have drastically decreased recently.

He submitted that the prices of petroleum products should be reduced by 30 to 50 rupees as per the global market.

Petitioner requested the court to order the government to further reduce the prices of petroleum products.

On the other hand, Minister for Finance and Revenue Senator Ishaq Dar announced that the price of petrol has been decreased by Rs10 to  reach Rs214.80 per liter for the next fortnight effective from December 16.

In a video address, the finance minister said the price reduction was made in line with Prime Minister Shehbaz Sharif’s aspirations of “providing maximum” relief to the masses.

 

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Ishaq Dar appreciates Saudi Arabia for extending $3bn deposit’s term

Ishaq Dar

Ambassador of Kingdom of Saudi Arabia calls on Finance Minister Ishaq Dar Dar thanked the ambassaforr on extending $3bn deposit in SBP He apprised about the ongoing post-flood reconstruction ISLAMABAD: Finance Minister Senator Ishaq Dar has thanked the Kingdom of Saudi Arabia for extending term of $3 billon deposit in the State Bank of Pakistan … Read more

Finance Minister briefs president on economic situation

Finance Minister

Finance Minister Senator Ishaq Dar called on President Arif Alvi The finance minister briefed on overall economic situation of the country They also discussed the rehabilitation of flood victims ISLAMABAD: Minister for Finance and Revenue Senator Ishaq Dar on Wednesday called on President Dr Arif Alvi and briefed on the overall economic situation of the … Read more

Finance Minister thanks US Ambassador for supporting Pakistan

Finance Minister

US Ambassador Donald Blome called on Finance Minister Ishaq Dar Dar apprised the US Ambassador about post-flood reconstruction and rehabilitation projects Mr Blome acknowledged economic losses being faced by Pakistan due to flood crisis ISLAMABAD: Ambassador of the United States of America (USA) to Pakistan Donald Blome called on Federal Minister for Finance and Revenue … Read more

Pakistan will not default, debt payments on time: Ishaq Dar

Ishaq Dar

ISLAMABAD: Finance Minister Ishaq Dar has categorically stated that Pakistan will not default and would meet its upcoming bond payments. In a statement, the finance minister said such propaganda for political gains is irresponsible. He said such statements against Pakistan’s economy are against the interest of the country and were being spread for political purposes. … Read more

Economic Coordination Committee approves urea import from China, Azerbaijan

Economic Coordination Committee

The Economic Coordination Committee (ECC) of the Cabinet allowed the Trading Corporation of Pakistan (TCP) to import 125,000 tonnes of urea from China. The meeting also approved the technical supplementary grant of Rs115 million in favour of the Ministry of Housing and Works. ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Friday allowed … Read more

Finance Minister Ishaq Dar discusses flood situation with CM Sindh

ishaq dar

KARACHI: Federal Minister for Finance and Revenue Senator Ishaq Dar on Saturday called on the Sindh Chief Minister Syed Murad Ali Shah. Governor of State Bank of Pakistan (SBP) Jameel Ahmed was also present during the meeting at the CM House. The finance minister and CM Sindh discussed financial matters pertaining to the federation and … Read more

Dar reaffirms resolve to fully implement CPEC projects

ishaq dar

ISLAMABAD: Ambassador of the People’s Republic of China Nong Rong called on Minister for Finance and Revenue Senator Ishaq Dar and discussed bilateral issues. Dar reaffirmed the government’s resolve to successfully implement the China-Pakistan Economic Corridor (CPEC) project as it will play an important role in taking the local economy forward as well as cementing … Read more

Pakistan equity market remains mixed on rupee’s weakening

Rupee records marginal gains

The rupee’s weakening against the US dollar eroded investors’ confidence and caused profit-taking, analysts said. The KSE-100 Index closed the session at 42,137 points, down 0.21 per cent, or 89 points. Analysts expect the market to continue the uptrend and recommend investors adopt the “Buy on Dip” strategy. KARACHI: The Pakistan bourse had a mixed … Read more