In its report, global lender increases inflation projections far above 20% for two years

Used cars up to 1800cc to get major relief with 100% regulatory duties being dropped

Parliament passes bill to finance elections raising stakes in govt-judiciary standoff

Govt makes decision owing to very low foreign currency reserves

Minister says PM instructed him not go to Washington to attend WB-IMF meetings

Average per month increase during Jul-Feb FY22-23 was Rs52.4 billion

Cites deepening political uncertainty, developing judicial crisis in country as reasons

Also sought extension of 5-year government facility, ending on June 30, to pay interest costs

Cost saw an increase of Rs302 billion against original price due to rupee devaluation

WB says despite fiscal crunch huge spending contributing to higher public debt