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Dar discusses Islamic bonds in UAE, Income Support Fund increases from Rs30b to Rs95b

byadmin
24/11/2014
in Business
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ISLAMABAD: Federal Finance Minister Ishaq Dar, who is in the United Arab Emirates (UAE), has met with the financial advisors regarding the issuance of Pakistan Islamic Bonds (Sukuk).

Meanwhile, Finance Minister Ishaq Dar has said that government would continue to pursue its policy to bring further macro-economic stability and to overcome energy shortages in the country.

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In a statement, he said that Income Support Fund of the government has been increased from Rs30 billion to Rs95 billion in first 13 months. The Finance Minister said the government is equally focusing on the electoral reforms agenda through a Parliamentary Committee. He said that political parties and stakeholders should work for consensus on a Charter of Economy.

Dar said that government was trying to ensure implementation of its economic policies for the betterment of masses in the country. He said speedy work is in progress in reviewing and finalising 1,283 proposals received from different stakeholders to make certain changes in the Constitution for better economy of the country.

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