Federal Finance Minister Ishaq Dar on Tuesday announced that Pakistan had received US$500 million in “program financing” from the Asian Infrastructure Investment Bank (AIIB). The monies were transferred in line with an AIIB board green-light to the State Bank of Pakistan (SBP). “Asian Infrastructure Investment Bank (AIIB) has transferred today, as per their Board’s approval, […] The post ‘Pakistan Will Not Default’ appeared first on The Friday Times - Naya Daur.
Finance Minister Ishaq Dar on Monday took “serious notice” of the “illegal and unwarranted” tax leak of Chief of Army Staff (COAS) General Qamar Javed Bajwa and his kin. The leak, the finance ministry said in a tweet, constituted a flagrant violation of complete tax confidentiality guaranteed by law. Tariq Mehmood Pasha, the ministry, had […] The post Dar ‘Takes Serious Notice’ Of COAS Bajwa’s Assets Leak appeared first on The Friday Times - Naya Daur.
Finance Minister Ishaq Dar categorically stated on Saturday that Pakistan will not default. Dar made the comments while addressing a press conference via video link. He said the nation had never defaulted till date. Rumours being proliferated on this account, Dar said, were both: baseless and irresponsible. He said this was deliberately being doing to […] The post Pakistan Will Not Default, Ishaq Dar Says appeared first on The Friday Times - Naya Daur.