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Posts tagged "dar"

Ishaq Dar to be removed as chairperson of Lahore’s University of Health Sciences

When will everyone get over their romance with the absconder, asks the CJ

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September 19, 2018


Is ‘Minus Dar’ formula in the works? Finance minister vacates official residence

ISLAMABAD: Federal Finance Minister Ishaq Dar may have vacated his official residence in Minister Enclave, according to a footage obtained by SAMAA TV on Wednesday. The footage shows the official residence of the finance minister locked. As per reports, Ishaq Dar has moved his necessary belongings to his Lahore residence. The government employees stationed at…

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November 22, 2017


IHC seeks Khawaja Asif’s reply on UAE iqama

ISLAMABAD: The Islamabad High Court on Tuesday sought a reply from Foreign Minister Khawaja Asif in a petition seeking his disqualification. The petition was filed by PTI leader Usman Dar, who claimed that the foreign minister was an employee of a UAE-based company. A three-judge larger bench of the court heard the case. In his…

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September 26, 2017


PM meets Saudi Crown Prince

JEDDAH: Prime Minister Shahid Khaqan Abbasi on Wednesday met Crown Prince Muhammad bin Salman Al-Saud. Finance Minister Muhammad Ishaq Dar and Foreign Minister Khawaja Muhammad Asif were also present in the meeting. The Prime Minister, who is on a day-long official visit to Saudi Arabia, would discuss emerging regional and global geo-strategic situation with the…

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August 23, 2017


Place Sharif family, Shahbaz and Dar on ECL: Imran

ISLAMABAD: PTI chief Imran Khan said on Monday that Prime Minister Nawaz Sharif, his family, Punjab Chief Minister Shahbaz Sharif and Ishaq Dar should all be placed on the Exit Control List.  Reacting to the Joint Investigation Team’s report which was submitted to the Supreme Court of Pakistan, Imran said that PTI’s stance since day…

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July 10, 2017


Dar meets COAS at GHQ to discuss Army budget

ISLAMABAD: Federal Minister for Finance Ishaq Dar on Friday called on Chief of Army Staff (COAS) General Raheel Sharif at the General Headquarters here. During the meeting, matters related to Army budget were discussed in detail, said an Inter Services Public Relations (ISPR) statement. – SMAAA

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April 1, 2016


Pakistan launches Islamic index at apex bourse

KARACHI: Snubbing the ‘prophets of doom’ for spreading scare stories about the country’s economy, Finance Minister Senator Ishaq Dar Wednesday inaugurated a Shariah-compliant trading platform at the apex bourse, Samaa reported. “Those scaremongers, who are seeing the country going bankrupt will die with their speculations,” Dar said after ringing  the bell to launch All Shares…

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November 18, 2015


KSE 2008 crash probe report likely soon

ISLAMABAD: Minister for Finance Senator Mohammad Ishaq Dar Saturday directed the Securities and Exchange Commission of Pakistan (SECP) for early release of 2008 stock market crisis report. The minister also directed that in order to ensure transparency, the  report should be presented in the Policy Board for appraisal and then  it should be released for…

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August 15, 2015


Sales tax refund matter to be resolved on priority: Dar

ISLAMABAD: Finance Minister Mohammad Ishaq Dar said that the matter regarding sales tax refund would be resolved on priority. Finance Minister Senator Mohammad Ishaq Dar chaired a meeting with the delegation of APTMA, having detailed discussion on issues faced by the textile industry, said a press release issued here. The delegation sought Finance Minister's attention…

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August 2, 2015


Dar urges PTI to look for new begining after IC report

ISLAMABAD: Federal Minister for Finance, Ishaq Dar Monday said that Pakistan Tehreek-i-Insaf (PTI) should accept report of the inquiry commission and look forward to a prosperous future of the country. Responding to a point raised by leader of the opposition in the National Assembly Syed Khurshid Ahmad Shah, the minister endorsed the view point of…

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July 27, 2015


Backing out of MoU on GEIC does not suit Imran: Dar

ISLAMABAD: Federal Minister for Finance Muhammad Ishaq Dar Sunday said backing out of a written Memorandum of Understanding (MoU), which the Pakistan Tehreek-i-Insaf (PTI) signed with the Pakistan Muslim League-Nawaz (PML-N) on the polls inquiry, does not suit PTI Chairman Imran Khan. Both the parties while constituting the General Election-2013 Inquiry Commission (GEIC) had agreed…

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July 27, 2015


Dar approves Rs. 480 mln for PSM employees Eid salaries

ISLAMABAD: Finance Minister, Senator Mohammad Ishaq Dar has approved an amount of Rs. 480 million for grant of one month's salaries to the employees of Pakistan Steel Mills. The Minister conveyed the anticipatory approval as Chairman Economic Coordination Committee of the Cabinet (ECC), as a special case, from Madinah Munawara, said a statement issued by…

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July 16, 2015


Govt to reduce withholding tax on bank transactions: Dar

ISLAMABAD: The government has decided to reduce the withholding tax on bank transactions from 0.6 percent to 0.3 percent. The decision was taken during conclusive dialogue between the government and trader representatives in Islamabad on Thursday. The withholding tax was announced in the budget 2015-16 on banking transactions for the non-filers. Later talking to media,…

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July 9, 2015


Dar for making all out efforts to achieve revenue targets

ISLAMABAD: Federal Minister for Finance Ishaq Dar Friday directed the Federal Board of Revenue (FBR) for making all out efforts to achieve the revenue targets of current fiscal year. A statement issued here said that the minister chaired a meeting which was attended by the Chairman FBR Tariq Bajwa and other senior officers of the…

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June 26, 2015


Govt brings down fiscal deficit from 8.8% to 5%: Dar

ISLAMABAD: Minister for Finance, Senator Mohammad Ishaq Dar on Friday said the government managed to reduce the fiscal deficit from 8.8 percent in 2013 to 5 percent by increasing revenues and reducing expenditures. Winding up speech on charged expenditures here at National Assembly, Ishaq Dar expressed the hope that the 4.3 percent target of fiscal…

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June 19, 2015


Dar clarifies ‘misreporting’ in post-budget presser

ISLAMABAD: Finance Minister Ishaq Dar Saturday clarified that the government has imposed no new tax on basic commodities. Addressing the post-budget press conference in Islamabad this afternoon, he said that government has not increased prices of ghee, sugar, milk, pulses, edible oil, furnace oil and high speed diesel. Explaining the salient features of the budget,…

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June 6, 2015


Dar begins budget speech

ISLAMABAD: Federal Finance Minister Ishaq Dar said on Friday said that the country’s economy is now stable. Dar made these remarks while unveiling the Federal Budget 2015-16 at the floor of the National Assembly. “We proved economic pundits wrong, who were saying Pakistan will default at a time when our government took charge,” he said,…

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June 5, 2015


Dar rejects India's contention on CPEC

ISLAMABAD: Federal Minister for Finance Senator Mohammad Ishaq Dar on Tuesday categorically rejected Indian leaderships seven neighbours theory, describing it as totally fallacious. He said that there was nothing controversial about the route of China Pakistan Economic Corridor (CPEC) and the areas it passed through were all parts of Pakistan. India, he said, was misunderstanding…

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June 2, 2015


Govt raises petrol, diesel prices

ISLAMABAD: The government has increased prices of all petroleum products by up to Rs.3.50 per litre for the month of June, Samaa reported. Finance Minister Ishaq Dar announced the price hike, saying that government would provide Rs. 6 billion subsidy on petroleum prices for the month of June. Addressing newsmen here, Dar said the OGRA…

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May 31, 2015


Dar discusses measures for enhanced revenue collection

ISLAMABAD: Finance Minister Senator Mohammad Ishaq Dar on Sunday discussed tangible measures in the budget 2015-16 which could ensure enhanced revenue collection. Holding a detailed discussion with the senior officials of Federal Board of Revenue and the Finance Ministry, he said that enhancement in revenue collection was necessary for economic betterment of the people and…

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May 24, 2015


Dar welcomes reduction in policy rate

ISLAMABAD: Finance Minister Senator Ishaq Dar has welcomed the announcement by State Bank of Pakistan (SBP) to reduce its policy rate from 8 per cent to 7 per cent and said it would spur business and economic activities in the country. The minister, in a statement, said the SBP decision was a manifestation of improvement…

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May 24, 2015

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