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Pakistan
Pakistan’s finance minister ousted in surprise defeat for Imran Khan
...The surprise defeat of finance minister Abdul Hafeez Shaikh, a respected economist and former world bank official who led the country’s negotiations with the IMF for a $6bn loan, comes amid an escalating...
March 3, 2021
Pakistan
Pakistan’s prime minister survives confidence vote
...The prime minister alleged that around 15 of his lawmakers had been “bought” to vote against Abdul Hafeez Shaikh, who led government negotiations with the IMF, after opposition-backed former prime minister...
March 6, 2021
FT Live
The Global Boardroom: 8th Edition
FT journalists in conversation with leaders in business and government
Wednesday, 4 DecemberDigital Conference
News in-depthThe Big Read
Dubai contemplates a downsized future after the pandemic
...“We’re looking at a minimum population contraction of 10 per cent for the year,” Nasser al-Shaikh, a former head of Dubai’s department of finance, tweeted in April....
May 10, 2020
Pakistan
Pakistan and IMF negotiators reach $6bn loan deal
...Speaking on state-run Pakistan Television, Abdul Hafeez Shaikh, head of the finance ministry, said: “We have reached an agreement with the IMF staff for $6bn for the next three years....
May 12, 2019
Pakistan's economy
Saudi Arabia grants $9.6bn payment holiday to Pakistan
...Pakistan finance official Abdul Hafeez Shaikh announced on Wednesday evening that Saudi Arabia would postpone demand for payments of $275m a month for the next three years, totalling $9.6bn....
May 23, 2019
Pakistan
Pakistani clerics declare fatwa against ‘sinful’ dollar buying
...Finance official Abdul Hafeez Shaikh said Pakistan would early next month announce an “austerity” budget for the next fiscal year ending in June....
May 28, 2019
FT Live
Global Banking Summit
The world's top gathering of leaders in finance
Tuesday, 3 DecemberLondon, UK
Pakistan
Pakistan opposition warns over central bank governor appointment
...Abdul Hafeez Shaikh, a former World Bank official who has served as minister under two previous Pakistani governments, was appointed as adviser on finance and head of the finance ministry....
May 5, 2019
News in-depthPakistan
Imran Khan swallows pride to clinch toughest IMF bailout yet
...In April, Mr Khan fired finance minister Asad Umar, a longtime ally, effectively replacing him with Abdul Hafeez Shaikh, a former World Bank official who comes from outside the party....
May 15, 2019
World
Attack on military hospital in Afghan capital kills 30
...Abdul Qadir, a hospital worker, said an attacker in a white coat shot at him and his colleagues....
March 8, 2017
World
Devoted in Srinagar
...Kashmiri Muslim devotees pray outside the shrine of Sufi Saint Syed Abdul Qadir Jilani in Srinagar, Indian controlled Kashmir....
January 29, 2016
Sport
Cricket Diary: On doosras and the dearth of English spinners
...SM: My memories of watching cricket were those of Abdul Qadir and Imran Khan. Which kid didn’t want to bowl a fast toe-crushing inswinger or a googly. They both had some thing special....
July 25, 2014
FT Photo DiaryGlobal trade
Prayers for a saint in Kashmir
...Kashmiri Muslim devotees pray as the head priest displays a relic of Sufi saint Syed Abdul Qadir Jilani outside his shrine in Srinagar, India. Thousands thronged to the shrine during the Urs festival...
February 13, 2014
beyondbricsMarkets
Indian real estate: mired in corruption
...A report in the Times of India noted: In raids on the home of builders Abdul Salim Aziz Siddiqui and Jameel Ahmed Jalaluddin Shaikh on Sunday, said Raghuvanshi [the local police commissioner], the police...
April 9, 2013
beyondbricsCentral banks
Pakistan: inflation reality check
...Abdul Hafeez Shaikh, Pakistan’s finance minister, is finding out the hard way....
November 8, 2012
Middle East protests
Rebels seek definitive end to Gaddafi era
...Amid what amounted to a bonfire of profanities outside the Gaddafi house on Friday, Mr Abdul Qadir sounded a warning about the need to find the man behind the myth....
August 26, 2011
FT Live
Future of Asset Management Asia
Optimising fund firm models for Asia’s ascent
Wednesday, 8 MayMarina View, #2 The Westin Singapore, SingaporeSingapore 018961, Singapore
Currencies
Afghanistan acts to curb flight of capital
...A former vice-president of Lloyds Bank in California, Mr Delawari was appointed in November, replacing Abdul Qadir Fitrat....
March 18, 2012
Global Economy
Pakistan ends IMF loan deal amid dispute
...In an interview with the Financial Times, Abdul Hafeez Shaikh, Pakistan’s finance minister, said the IMF’s demands had become too tough and the government would instead press ahead with a homegrown fiscal...
October 31, 2011
Global Economy
IMF agrees support for Afghanistan
...In June, Abdul Qadir Fitrat, the former central bank governor, fled to the US, saying he feared for his life following his role in investigating the Kabul Bank affair....
November 15, 2011
FT AlphavilleCardiff Garcia
Afghan bank chief set to face charges
...Abdul Qadir Fitrat, who resigned as central bank chief on Monday, said he had received information his life was in danger after he revealed the names of borrowers who benefited from improper loans made by...
June 28, 2011
News in-depthTerrorism
Pakistan: In the shadow of giants
...“Our circumstances have deteriorated,” admits Abdul Hafeez Shaikh, the finance minister. “We have the capacity to be a tiger – we can do better.”...
March 1, 2012
Global Economy
Pakistan halves fuel price rise
...“This [halving of the price rise] has been decided,” said Abdul Hafiz Shaikh, the finance minister on Friday. “It means…[the government will] have to bear more burden”....
March 4, 2011
World
Pakistan cuts cabinet from 54 to 22 members
...Abdul Hafeez Shaikh, a respected former World Bank economist, was retained as the finance minister, as Pakistan negotiates with the International Monetary Fund to resume disbursements under a stalled loan...
February 11, 2011
World
Afghans resist IMF pressure to sell off bank
...Abdul Qadir Fitrat, central bank governor, said he had secured commitments to return $315m of loans and was confident the bank could return to profitability by the end of this year and find a buyer by 2014...
February 3, 2011
Global Economy
Kabul rebukes outsiders over bank crisis role
...Abdul Qadir Fitrat, central bank governor, says he has a rehabilitation plan for the bank and has secured commitments to return $315m of a loan book he puts at $579m....
February 18, 2011
World
Afghan ministers implicated in loans scandal
...Abdul Qadir Fitrat, the central bank’s chairman, denied the reports, putting Kabul Bank’s lending book at $540m. He said the central bank was committed to collecting the rest of the outstanding loans....
February 1, 2011

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