Former finance minister Dr. Abdul Hafeez Shaikh has tested positive for coronavirus. The newly-appointed Finance Minister Hammad Azhar announced the news on Twitter. He wrote, “Just found out that Dr. Hafeez Shaikh has tested positive for Covid-19. I pray for his swift recovery and good health. Ameen.” Just found out that Dr Hafeez Sh has … Read more
Notification regarding the appointment of Hammad Azhar as Finance Minister and removal of Dr. Abdul Hafeez Shaikh has been issued. As per the details, Prime Minister Imran Khan has appointed Tabish Gohar as Special Assistant to the Prime Minister on Power and Petroleum. Notification regarding the appointment has been issued by the Cabinet division. Federal … Read more
Chairman of the Pakistan Peoples Party Bilawal Bhutto Zardari said that the federal government moves to sack the finance minister Hafeez Sheikh is the victory of the Pakistan Democratic Movement. While took to Twitter Bilawal said, “PTIMF minister needed to be elected to continue in post & senate defeat made that impossible. Now government admits … Read more
Federal Minister for Information and Broadcasting Shibli Faraz has said that Minister for Industry and Production Hamad Azhar has been given the portfolio of Finance Ministry in place of Abdul Hafeez Sheikh. According to sources, the Prime Minister was also worried about inflation while Abdul Hafeez Sheikh as Finance Minister failed to control inflation. Abdul … Read more
Prime Minister Imran Khan met Punjab Chief Minister Usman Buzdar and Federal Minister for finance Hafeez Shaikh on Tuesday in Islamabad. PM Imran Khan expressed hope that he will win the Senate election. As per the details, the Punjab members of the provincial assembly also met the premier in Islamabad. Khan said that PTI lawmakers … Read more
Federal Minister for Information Shibli Faraz has said that hard times have passed for Pakistan and now a better future is waiting for the country. According to details, a cabinet meeting was held under the chairmanship of the Prime Minister today, after which a press conference was held by Federal Minister for Information Shibli Faraz. … Read more
The Economic Coordination Committee (ECC) has given in-principle approval to give Golden Handshake to 9100 employees of Pakistan Steel Mills. A meeting of the Economic Coordination Committee was held in Islamabad under the chairmanship of Finance Advisor Hafeez Sheikh. According to the details, in the meeting, the ECC gave in-principle approval to give Golden Handshake … Read more
Prime Minister Imran Khan’s Advisor on Finance Dr Abdul Hafeez Shaikh says the government has announced a massive relief package amounting to 1.25 trillion rupees to support the business community and to provide relief to the poor people in wake of the outbreak of COVID-19. Sources said that the federal government has ordered early disbursement … Read more
Adviser to Prime Minister on Finance and Revenue, Dr. Abdul Hafeez Shaikh here chaired a meeting to smoother the funding for accelerating work on relief measures amid Coronavirus outbreak in the country. APP reported that the meeting attended by Minister for Economic Affairs, Hammad Azhar, Special Assistant to Prime Minister on National Health Services, Zafar … Read more
Adviser to Prime Minister on Finance Abdul Hafeez Sheikh says country’s foreign exchange reserves saw a massive fall due to wrong economic policies of the Pakistan Muslim League N. He was addressing national assembly on Wednesday. Hafeez Sheikh says PML-N responsible for the bad economic condition of the country. PML-N government spent rs.23,00 billion more … Read more
ISLAMABAD: Economic Coordination Committee (ECC) has decided to impose immediate ban on export of sugar. According to the details, The meeting was held in Islamabad on Monday with Adviser to the Prime Minister on Finance Sheikh Abdul Hafeez in the chair. The meeting observed that there are sufficient and adequate stocks of sugar in the … Read more
Finance Adviser Abdul Hafeez Sheikh said, current account deficit reduced by 73 % during the first 5 months. Hafeez Sheikh tweeted the foreign exchange reserves of State Bank of Pakistan increased by 1.8 billion dollars during this period. He said reduction of 3 bn dollars in foreign exchange swaps and forward liabilities increased the foreign … Read more
Advisor Treasurer Abdul Hafeez Shaikh said, the current account deficit has dropped significantly in five months while the fiscal deficit and trade deficit are also decreasing. According to the details, Advisor Finance Minister Abdul Hafeez Shaikh said in a press conference with the government economic team that in the last five months the domestic economy … Read more
Adviser to the Prime Minister of Pakistan on Finance and Revenue, Dr. Abdul Hafeez Sheikh has said that the strong rally in Stock Market shows increasing investor confidence on stabilization measures taken by the Govt. On Sunday he tweeted, “The KSE-100 index is up by 14.9% in November 2019, highest one month return after May … Read more
Prime Minister Imran Khan reviewed the economic situation of the country and said economic stability and providing facilitation to investors and business community is top priority of the government. Prime Minister chaired the economic team meeting, senior officials including Advisor Finance, Federal Ministers Hamad Azhar, Khusro Bakhtiar, Chairman FBR, Advisor Finance and Trade and Firdous … Read more
Advisor to Prime Minister Imran Khan on Finance, Revenue and Economic Affairs Abdul Hafiz Sheikh has said that construction activities have increased in the country. Special Assistant to the Prime Minister for Information and Broadcasting, Firdous Ashiq Awan and the Government Economic Team have held a press conference in Islamabad. During the press conference Government … Read more
