Asad Umar

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Asad Umar - Total results - 13
Imran Khan's Cabinet reshuffle: Party insiders bite the dust as Pakistan PM centralises power, brings back ex-military men
World

Imran Khan's Cabinet reshuffle: Party insiders bite the dust as Pakistan PM centralises power, brings back ex-military men

Imran Khan's moves are likely to make the Prime Minister’s Office more like that of New Delhi

Pakistan 'very close' to reaching a settlement with IMF over bailout package, says finance minister Asad Umar
World

Pakistan 'very close' to reaching a settlement with IMF over bailout package, says finance minister Asad Umar

Pakistan Finance Minister Asad Umar said negotiations with International Monetary Fund (IMF) has reached its final stage with the settlement of almost all issues related to a bailout package.

Pakistan asks FATF to remove India from group reviewing efforts against terror financing, seeks ‘fair, unbiased’ report
World

Pakistan asks FATF to remove India from group reviewing efforts against terror financing, seeks ‘fair, unbiased’ report

Pakistan has asked the Financial Action Task Force (FATF), an international terror financing watchdog, to remove India as co-chair of its Asia-Pacific Joint Group, the Finance Ministry said on Saturday.

Pakistan foreign minister calls Indian Air Force strikes 'fictitious', misadventure by Modi govt ahead of LS elections
World

Pakistan foreign minister calls Indian Air Force strikes 'fictitious', misadventure by Modi govt ahead of LS elections

Pakistan’s Foreign Minister Shah Mahmood Qureshi denied the presence of a Jaish-e-Mohammed training camp in the areas attack by the Indian Air Force

Pakistan says 'substantive progress' made in bailout talks with IMF; global lender proposes increased energy prices, taxes
World

Pakistan says 'substantive progress' made in bailout talks with IMF; global lender proposes increased energy prices, taxes

Both Pakistan and the IMF still have a wide gap in their positions on the need for the increase in electricity tariff, upward revision in the revenue target and additional tax measures on matters relating to Chinese assistance and its impact — both inflow and outflow.

Imran Khan calls Saudi Arabia's $6 billion bailout package 'big relief', vows to mediate between Riyadh and Yemen to end conflict
World

Imran Khan calls Saudi Arabia's $6 billion bailout package 'big relief', vows to mediate between Riyadh and Yemen to end conflict

Accusing the previous two governments of plunging the country into its worst financial crisis, Imran in his address to the nation after returning from Saudi Arabia on Wednesday, said the opposition parties' recent plan to form an alliance was aimed at pressing the government to get some relief under a deal like the National Reconciliation Ordinance (NRO) that was bestowed upon them by former President Pervez Musharraf, reports Dawn news.

Saudi Arabia offers Pakistan $6-billion package to ease economic crisis; loan likely to reduce size of potential IMF bailout
World

Saudi Arabia offers Pakistan $6-billion package to ease economic crisis; loan likely to reduce size of potential IMF bailout

Saudi Arabia has agreed to give Pakistan $3 billion in foreign currency support for a year and a further loan worth up to $3 billion in deferred payments for oil imports to help stave off a current account crisis.

Pakistan seeks largest loan package of $8 billion from IMF in bid to bail out economy, says media report
World

Pakistan seeks largest loan package of $8 billion from IMF in bid to bail out economy, says media report

Pakistan has received more than a dozen financial support packages from the IMF in the past.

Pakistan will always stand by Saudi Arabia, says Imran Khan during maiden visit, seeks to play role of mediator in West Asia
India

Pakistan will always stand by Saudi Arabia, says Imran Khan during maiden visit, seeks to play role of mediator in West Asia

Imran Khan and Sheikh Mohamed discussed ways to further enhance strong bilateral relations in all fields. The also discussed figured major regional issues, especially the Palestinian cause, the situation in Yemen, the Iranian interference in the region, the situation in Afghanistan and the means to deal with these challenges

Imran Khan arrives in Saudi Arabia amid reports that Pakistan may seek economic assistance from oil-rich ally
World

Imran Khan arrives in Saudi Arabia amid reports that Pakistan may seek economic assistance from oil-rich ally

The two-day trip began exactly one month after Khan assumed office, with Pakistan possibly seeking billions of dollars in assistance from allies as it seeks to avert a balance-of-payments crisis.

Pakistan economic advisory council mulls banning imports of smartphones, cheese to avoid IMF bailout
World

Pakistan economic advisory council mulls banning imports of smartphones, cheese to avoid IMF bailout

That has prompted most financial analysts to predict Pakistan will turn to the IMF for its 15th bailout since the early 1980s.

Imran Khan's candidature as Pakistan prime minister approved by PTI, may take oath on 14 August
World

Imran Khan's candidature as Pakistan prime minister approved by PTI, may take oath on 14 August

Imran Khan, set to open a new innings as Pakistan's next prime minister after his party unanimously approved his candidature to the top post, vowed to steer the country out of the current financial crisis

Imran Khan concedes defeat as Nawaz Sharif claims win
World

Imran Khan concedes defeat as Nawaz Sharif claims win

"They have emerged as the largest party. I want to congratulate the party," Pakistan Tehrik-i-Insaf Vice President Asad Umar told a Pakistani TV channel.