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News
Asad Umar
Asad Umar News
Asad Umar
18 Apr 2019
Facing heat over crumbling economy, Pakistan's finance minister steps down
Asad Umar had been facing enormous heat - particularly from political rivals - at a time when the Pakistani economy is in absolute shambles.
Asad Umar
08 Apr 2019
Pakistani currency tumbles but finance minister focuses on critics
For each American dollar, one can get 145 Pakistani rupees. Asad Umar, however, says he is against artificially maintaining the exchange rate.
Pakistan
05 Feb 2019
Pakistan to make economic zones under CPEC more investor friendly
Both China and Pakistan have agreed to make CPEC focus on industrial cooperation after the first five-year early harvest period since 2013.
Asad Umar
13 Dec 2018
Saudi Arabia likely to make biggest investment in Pakistan's history
Pakistan finance minister Asad Umar has said the package would be announced soon.
Pakistan economy
05 Dec 2018
Pakistan wants bailout packages but finance minister says no economic crisis
Asad Umar has said statements on the economy being in trouble are just rumours.
Imran Khan
30 Oct 2018
Pakistan justifies approaching foreign countries for financial help
Pakistan's finance minister has said that he does not want to depend too much on any one source of assistance.
Imran Khan
13 Oct 2018
US could choke Pakistan's request for IMF bailout package due to Chinese debt
Reports suggest Pakistan has requested for $8 billion from the IMF. The US has said it would examine the country's current debt situation.
Pakistan economy
31 Aug 2018
Pakistan's new finance minister reveals country needs billions to stay afloat
Newly-appointed Asad Umar has told Pakistan Senate that all options are under consideration but there is no doubting the money required to be borrowed.
Imran Khan
05 Aug 2018
Pakistan needs $12 billion just to stay afloat, admits incoming FM
Asad Umar has denied his country has a Chinese debt problem but admits a bailout package is the urgent need of the hour.
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