Stories from Shahbaz Rana
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IMF grills Pakistan on power rates
Fund assumes rupee will devalue to Rs329/$ or 18% by June next year
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Poland urges Pakistan to protect foreign investment
Envoy says investors suffering due to non-payment of dues, difficulties in arranging machinery parts
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$15.4b debt restructuring proposed
Plan aims to extend Chinese energy repayments, reduce consumer burden
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Rs23b calamity budget diverted to AJK
Reallocation aimed to provide wheat, electricity subsidy to valley
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Pakistan’s debt soars to record Rs81tr
Burden equals 3/4 of economy, surpassing statutory limit by 15%
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No increase in debt-free inflows
External sector-related projections suggest Pakistan will continue relying on IMF
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Power tariff may go up by Rs7 in July
The annual base prices are being increased every year to make the power sector financially viable
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Pakistan-IMF shy away from calling talks ‘programme negotiations’
Unlike in the past, finance ministry has also not defined the further engagement
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Ministries clash on SOE privatisation
Cabinet Committee on SOEs led by finance minister defers decision
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‘Normal country’ doesn’t need IMF
UK FCDO chief economist says Pakistan should opt for foreign investment only in export-related sectors









