China is developing the Gwadar port as a strategic and commercial hub under its ‘One-Belt One-Road’ initiative

However, it misses critical savings and investment targets in 2015-16

Proposals include cancelling CNICs, levying additional withholding tax

Economic Reforms Act, Income Tax Ordinance, prevent authorities from taking action

Responds to allegations of data fudging to show higher than actual growth

Agriculture output contracted 0.19%, contribution to GDP shrank 20.5%

Restructuring public sector enterprises would be programme’s focus, instead of privatisation

FBR wants to collect an additional Rs3b through this proposal

Finance minister asks opposition to decouple politics from economy

Looks to generate additional Rs5b from major policy shift