IMF

Says it will not compromise on primary budget surplus of 0.4% of GDP or Rs401b

New govt indicates intention to continue SBA’s policies but political uncertainty remains significant, says report

If govt accepts taxing retirees, it could gain additional Rs22-25b annually

KSE-100 index falls 159.38 points, settles at 72,601.82

Decision to delay budget beyond May 10 deadline violates act of parliament

Urges Pakistan to tax the salaried, business individuals at a single income threshold

Govt informed of Rs200b revenue shortfall in current fiscal

Lender says accelerating reforms now is more important than size of the programme

With conclusion of standby arrangement, reserves rise to $9b

Pakistan’s budget gap widens to Rs4.3tr in Jul-Mar, up 25% from last year