Stories from Shahbaz Rana
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Elite capture costs Pakistan's economy Rs860 billion per year
Asad Umar believes open, rule-based economy can break elite stranglehold
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Pakistan's federal govt asks provinces to share cost of subsidies
Also proposes the setting up of fund for security-related expenses
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World Bank sees Pakistan's potential to be a $2 trillion economy
Lender says four influential groups have frustrated efforts to bring reforms in country
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Pakistan hints at adopting flexible exchange rate
During talks, IMF had demanded shift from a managed currency regime
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Govt fails to frame strategy for manpower export
Labour export has dropped in past three years; remittances unlikely to get boost
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Pakistan seeks $500 million loan from ADB
Plans to request IMF to send a staff level mission next month
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Pakistan govt fails to set tax recovery target for offshore accounts
So far, only one person has paid tax out of the targeted 152,000 accounts
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No new mega projects in next year's PSDP
Planning ministry wants to spend over Rs1 trillion under PSDP every year for next five years
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Assets in names of kin to be treated as Benami transactions
Law also covers offshore assets if owners are Pakistanis and assets are made by transferring money from Pakistan
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Pakistan sets up committee to review ML-I project
Committee on CPEC discusses splitting project into more phases; drop some sections









