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Hafeez Shaikh

Will adopt all steps to ensure wheat supply across country: Hafeez Shaikh

ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh has said that the government will take all-out measures to ensure the availability of sufficient wheat and flour to the people in the country.  While chairing a meeting

Hafeez Shaikh removed from National Finance Commission

ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Sheikh has been removed from the National Finance Commission. A new notification on the formation of NFC has been submitted in the Islamabad High Court (IHC) by

Pakistan ensuring completion of FATF Action Plan: Sheikh tells UN

ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh has said Pakistan as a responsible member and was ensuring the earliest completion of the Financial Action Task Force (FATF) Action Plan. The adviser was delivering

Hafeez Shaikh to chair ECC meeting tomorrow

ISLAMABAD: Advisor to Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh to chair the Economic Coordination Committee (ECC) meeting in Islamabad tomorrow. During the meeting, the cabinet will review the consumption of urea fertilizer for the next financial

ECC approves Rs100 million for locust control in Punjab

ISLAMABAD: The Economic Coordination Committee (ECC) of the federal cabinet on Wednesday approved Rs100 million grant for locust control in Punjab. Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh chaired the meeting of the Economic

ECC approves Rs480 million risk allowance for health care workers

ISLAMABAD: The Economic Coordination Committee of the federal cabinet on Wednesday approved Rs480.556 million to pay risk allowance to all health care workers performing duties related to COVID-19 in the federal government. The ECC meeting chaired by Finance Adviser Dr

Rs50 billion package being ensured to benefit farmers: Hafeez Shaikh

ISLAMABAD: Advisor to the Prime Minister on Finance and Revenue, Dr. Abdul Hafeez Shaikh has assured full support to a targeted disbursement of the Rs. 50 billion agriculture package for the farmers and crop growers. While chairing a meeting with

Hafeez Shaikh to chair ECC meeting in Islamabad today

ISLAMABAD: Adviser to PM on Finance Dr. Abdul Hafeez Shaikh is scheduled to chair an Economic Coordination Committee (ECC) meeting in the federal capital today. According to details, a nine-point agenda will be discussed during the meeting. During the meeting,

Finance adviser urges BoI, FBR chiefs to facilitate foreign investors

ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh on Tuesday held a meeting with Chairman Board of Investment (BOI) Atif Bokhari and Chairperson Federal Board of Revenue (FBR) Nausheen Javaid Amjad. They discussed measures

Japanese envoy offers assistance over coronavirus crisis

ISLAMABAD: Prime Minister’s Adviser on Finance and Revenue Dr Abdul Hafeez Sheikh on Monday received the Japanese Ambassador Kuninori Matsuda and discussed a range of issues. The ambassador shared with the adviser the steps being taken by Japan to contain

Govt releases Rs100 bn to industry in tax refunds

ISLAMABAD: The government has released 100 billion rupees to industry in tax refunds under the stimulus package worth Rs1,240 billion announced by the prime minister in response to the coronavirus crisis. Advisor to Prime Minister on Finance and Revenue Dr

Relief package will provide relief to the poor: Hafeez Shaikh

ISLAMABAD: Prime Minister’s Adviser on Finance Dr Abdul Hafeez Shaikh has said the government has announced a massive relief package amounting to Rs1.25 trillion to support the business community and to provide relief to the poor people in wake of

ECC mulls increasing wheat support price to Rs.1400 per 40kg

ISLAMABAD: Adviser on Finance Hafeez Sheikh on Wednesday chaired a meeting of the Economic Coordination Committee (ECC) which discussed a four-point agenda. The ECC approved a proposal by power division for a special relief package to further continue provision of

Finance Adviser thanks China on support in FATF meetings

ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh met Ambassador of China Mr Yao Jing on Friday to review the preparations of the upcoming visit of the Chinese President Xi Jinping. The meeting took

Govt taking measures to facilitate investments: Finance Adviser

ISLAMABAD: A delegation of the American Business Council on Tuesday called on Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh here at the Ministry of Finance. During the meeting, the finance adviser highlighted that the

Finance advisor Hafeez Shaikh to chair ECC meeting today

ISLAMABAD: Federal advisor to the prime minister on finance Dr. Abdul Hafeez Shaikh will chair the Economic Coordination Committee (ECC) meeting today in Islamabad. The meeting will be chaired by Prime Minister’s adviser on finance Dr Abdul Hafeez Shaikh in

Finance adviser chairs meeting to review duties on mobiles

ISLAMABAD: Prime Minister’s Adviser on Finance and Revenue Dr Abdul Hafeez Shaikh chaired a meeting in the federal capital in which incentives to promote digitalization of cellphones was discussed. Dr Abdul Hafeez Shaikh said that the government was considering the

ECC approves grant of Rs6bn subsidy for USC

ISLAMABAD: Economic Coordination Committee of the federal cabinet has approved grant of Rs6 billion subsidy for Utility Stores Corporation of Pakistan for procurement of essential commodities. Advisor to Prime Minister on Finance Dr Abdul Hafeez Shaikh chaired the meeting approved

Exports increased by 4.8% in last five months: Hafeez Shaikh

ISLAMABAD: Advisor to Prime Minister on Finance Dr. Abdul Hafeez Shaikh has said that the exports increased by 4.8 percent in the last five months. In a tweet, Dr. Abdul Hafeez Shaikh posted that from July to November 2019, exports

Pakistan’s current deficit declined by 72.6 pc: Hafeez Shaikh

ISLAMABAD: Advisor to Prime Minister on Finance Dr. Abdul Hafeez Shaikh has said on Friday that the current deficit declined by 72.6 percent in November and 73 percent between July-November this year.  Sharing latest figures on the external deficit and

Microfinance can help in documentation of economy

ISLAMABAD: Adviser on Finance and Revenue Dr Abdul Hafeez Shaikh has said microfinance can help in documentation of economy owing to its outreach. Addressing a ceremony, the finance adviser said significant progress has been made in the microfinance sector and

A rosy picture of the economy

Finance Adviser Hafeez Shaikh has admitted that the government is not trying to paint a rosy picture of the economy and there are still challenges to tackle particularly in terms of reducing prices and meeting people’s expectations of providing more

Finance adviser briefs Queen Maxima on economy

ISLAMABAD: UN Secretary-General’s Special Advocate for Inclusive Finance for Development (UNSGSA), Queen Maxima of the Netherlands, on Tuesday visited Finance Division and met with Adviser on Finance and Revenue Dr Abdul Hafeez Shaikh and his economic team. During the meeting,

Macroeconomic stability restored, Hafeez Shaikh tells ADB Forum

ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh on Monday said the government has restored macroeconomic stability in the country. Addressing the inaugural session of ‘Pakistan Innovative Finance Forum’, arranged by the Asian Development

Exports in October increased by 9.6%: Hafeez Shaikh

ISLAMABAD: Adviser to Prime Minister on Finance Dr. Abdul Hafeez Shaikh said that exports of goods in October have increased by 9.6 percent. Dr. Abdul Hafeez Shaikh posted a tweet, “Exports of Goods & Services increased by 9.6% in Oct

Govt’s economic policy to enhance export sector: Finance Adviser

ISLAMABAD: Adviser to Prime Minister on Finance Dr Abdul Hafeez Shaikh on Monday said that the ‘axis of the government’s economic policy is to enhance the export sector’ as he announced various decisions to boost construction and export activities. The

PM expresses satisfaction on improving national economy

ISLAMABAD: Prime Minister Imran Khan on Monday said that further strengthening the economic stability and providing facilitation to investors and business community is top priority of the government. Chairing a meeting of the government’s economic team, the prime minister expressed

Pakistan values its ties with Qatar: Finance adviser

ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh has said Pakistan values its relationship with Qatar He made this statement while talking to Ambassador of Qatar to Pakistan Mr. Saqr bin Mubarak Al Mansouri who

World Bank appreciates govt’s economic reforms

ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh has said that Pakistan values the financial and technical support provided by the World Bank for the institutional reforms and economic development of the country. The

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