Senior officials of a poultry association were also implicated in the price manipulation scheme.

Production is expected to begin approximately three years after financial closure.

Projects will improve access to health, education, and boost tourism in the province.

IMF Board scheduled to meet on May 9, following staff-level agreement between the IMF and Pakistan reached in March.

The scheme had been implemented for new civilian government employees from July last year.

IMF chief Kristalina Georgieva raised concerns in a meeting with Finance Minister Aurangzeb during talks in Washington

Only Rs450 billion of the Rs1,100 billion development budget spent; unspent funds to be redirected to urgent sectors.

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In addition, the government is also mulling over the imposition of taxes on pensioners drawing substantial amounts.

The government is considering tax relief measures aimed at easing the burden on salaried class.