Tag: Asad Umer

Asad Umer says Saudi Arab to invest biggest amount in Pakistan

Pakistan and Saudi Arabia have been in talks recently over a bailout package for Islamabad ISLAMABAD: Finance Minister Asad Umar on Thursday said that an...

Major reforms needed in SBP, FBR to stop money laundering

ISLAMABAD: The finance ministry officials informed its minister Asad Umar that reforms in the State Bank of Pakistan (SBP) and Federal Investigative Agency (FIA)...

Asad Umer briefed by SECP, SBP on FATF action plan

ISLAMABAD: Finance Minister Asad Umar on Wednesday chaired focused meetings with the Securities and Exchange Commission of Pakistan (SECP) and State Bank of Pakistan...

Pakistan still pinning hopes to strengthen SAARC cooperation in future: Asad...

We really need to think out of the box solutions for regional cooperation amid tensions and confrontations between the two states, Asad Umer said,...

Dollar hits Rs 142 in interbank market, government accepts IMF conditions

KARACHI: The US dollar on Friday touched Rs 142 against Pak rupee in the interbank market as the Finance Minister Asad Umer has finally...

Chairman Suzuki shows interest to invest $450m in Pakistan: Asad Umer

ISLAMABAD: Global Chairman of Suzuki Motor Corporation (SMC) Osamu Suzuki Tuesday expressed his interest to invest $450 million in setting up another production plant...

Pakistan’s economy improved in last three months: Asad Umar

ISLAMABAD: Federal Minister for Finance Asad Umar has said the economy of Pakistan has been improved in the last three months and there is...

Asad Umar lauds NFIS submitted by SBP

ISLAMABAD: Finance Minister Asad Umar on Saturday chaired a meeting of the Economic Advisory Council’s (EAC) Sub-Groups on National Financial Inclusion Strategy (NFIS) and...

Asad Umer apprises IMF regarding measures taken for economic turnaround

ISLAMABAD: Finance Minister Asad Umar on Tuesday held a meeting with International Monetary Fund mission and informed it regarding corrective measures being taken to...

ECC approves Rs 17bn package for PIA and allocation of 10...

ISLAMABAD: The Economic Coordination Committee (ECC) approved a financial support of Rs 17 billion for Pakistan International Airlines Limited (PIAL) – the country’s only...