Locally Manufactured Cars In a significant move, the Economic Coordination Committee (ECC) has given the green light to several proposals, marking changes in the economic landscape of Pakistan. Chaired by …
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Shamshad Akhtar
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Latest Updates
After ECP Setback, Caretakers Transfer FBR Authority to Democratically Elected Officials
by Hamza Irshadby Hamza IrshadFBR ISLAMABAD: The Election Commission of Pakistan (ECP) has halted the caretaker government’s ambitious plan to restructure the Federal Board of Revenue (FBR), citing its controversial nature. Finance Minister Shamshad …
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Economy
Pakistan’s Economy Projected to Grow 2-2.5% in Fiscal Year 2023, Says Shamshad Akhtar
by Hamza Irshadby Hamza IrshadEconomy Caretaker Finance Minister Shamshad Akhtar delivered positive economic projections on Saturday, stating that Pakistan’s economy is expected to grow by 2-2.5% in the current fiscal year 2023-24. Addressing the …
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National
Finance Minister’s Efforts to Gain Support for FBR Restructuring Plan Face Opposition from Tax Officers
ISLAMABAD: In a final attempt to garner support for a restructuring plan, Caretaker Minister for Finance Dr. Shamshad Akhtar visited the Federal Board of Revenue’s (FBR) headquarters. Despite spending hours …
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Rs5,000 Note Caretaker Finance Minister Shamshad Akhtar reiterated that the government has no plans to remove the Rs5,000 note from circulation. In a Saturday night interview on Dunya News, Akhtar …
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Latest Updates
Senate Confronts State Bank of Pakistan’s High Officer Salaries Amid National Financial Concerns
by Hamza Irshadby Hamza IrshadSenators expressed discontent on Friday over the revelation that several State Bank of Pakistan (SBP) officers receive monthly salaries exceeding the two-year emoluments of a lawmaker, raising concerns about the …
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Economy
Pakistan’s Finance Minister Assures Continuity in IMF Program
by Hamza Irshadby Hamza IrshadIMF Program KARACHI: Finance Minister Shamshad Akhtar, the Caretaker Minister for Finance, has provided reassurance that Pakistan is effectively adhering to its International Monetary Fund (IMF) program. Speaking in Karachi, …
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Latest Updates
Finance Minister Aims to Grant Independence to State-Owned Companies from Government Control
by Hamza Irshadby Hamza IrshadISLAMABAD: Interim Finance Minister Shamshad Akhtar stated that the caretaker government is in the process of formulating a policy to improve the evaluation of state-owned enterprises’ performance. However, she also …
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Latest Updates
Caretaker finance minister sees ‘signs of economic recovery’ in Pakistan
by Hamza Irshadby Hamza IrshadISLAMABAD: On Friday, Caretaker Finance Minister Shamshad Akhtar said that there were “early indications” of economic recovery, “even if they were just starting”. Addressing a press conference in Islamabad alongside …
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ISLAMABAD: Shamshad Akhtar has been removed from her role as the Minister for Privatization by Caretaker Prime Minister Anwaar-ul-Haq Kakar. Sources have reported that the caretaker government has implemented significant …