IMF

There is also a proposal to gradually increase excise duty on luxury items produced in Pakistan

Minister says US ‘very supportive’ in the matter

PPP leader says desire to reverse award tantamount to reversing 18th Constitutional Amendment

KSE-100 index rises 229.20 points, settles at 65,731.79

Currency gains value in backdrop of IMF staff-level agreement

Concerns rise over IMF SLA, uninterrupted power supply, high power tariffs as industry faces shutdowns

This entails Pakistan to take a dig at a long-term strategy and sever the strings of aid

Decision comes as an extension of government's broader austerity policies

Pakistan agrees to roll out tax registration scheme for retailers, hike gas and power tariffs

Country’s current account deficit may stay below $2.5b