Stories from Shahbaz Rana
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Chinese IPPs face default risk
They find it difficult to make debt repayment due to Rs340b outstanding dues
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Foreign loan inflows dry up
Despite growing needs, Pakistan received only $248m in external loans in April
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Fate of IMF talks hinges on PM’s ‘big nod’
Economic czars want political leadership to take unpopular decisions
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Planning Commission deputy chief quits
PM accepts resignation; planning minister will now get more powers
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Pakistan’s debt mounts to Rs53.5tr
Public debt alone swells to Rs44.4 trillion by end of March 2022
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Savings, investment targets missed
Former govt failed to resolve chronic issues that lead to external sector crisis
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Ban on luxury items’ import to benefit country: PM
Move to help country contain import bill by hardly $600m of the total $6.6b
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Govt bans import of essential & luxury items
PM rejects proposals to increase regulatory duties
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With 6% growth rate, Pakistan’s economic size jumps to $383 billion
Per capita income grows to $1,798
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Govt ready to make tough decisions
Finance minister gives assurances in virtual meeting with IMF mission chief









