Funding to strengthen budget financing, build foreign currency reserves

There is still gap of $520m as govt needs foreign funding of $700m

Move comes owing to delay in clearance of tax refunds of pharmaceutical companies

LSM index rises on back of increase in output of almost all major industries

ECC told the output of Kharif crops will plunge owing to high cost of fertilisers

Azam Khan appointed executive director of World Bank for a term of four years

Reduction might increase completion period of existing projects to more than 11 years

Railway project will be constructed with investment of Rs201.5 billion

PBS governing council also approves new base value of economy

Funds will be utilised for payment of price differential claims to oil firms