Stories from Shahbaz Rana
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Multan International Airport: PAC chief protects people behind irregularities in Rs3.2b contract
Was awarded to entity that did not clear technical evaluation.
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Reforms missing: Govt considering unrealistic tax target for next year
Expects Rs3.2t revenue collection; FBR insists on something below Rs3.1t .
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Budget deficit: Govt likely to miss current year’s target of Rs1.4 trillion
Chances increase of upward revision in annual target in upcoming talks with IMF.
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Centre wants provinces to share counter terror cost
President forms 9th NFC to determine distribution of federal taxes
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Reforming the power sector: IFC hired financial adviser for GEPCO, Jamshoro Power Company privatisation
Both companies in line for privatisation process; PSM consortium decided.
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FBR bars commissioners from granting stay orders
Says it creates hurdles in achieving revenue targets.
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Fiscal management: Govt scrambles to find development funds
Admits before PAC 903 projects will take at least 7 years to complete
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Power woes: CDWP gives green light to CASA power project
Approves Rs31.9b for transmission line that will see Pakistan receive 1,000MW electricity from Tajikistan.
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Balance of trade: Oil price fall helps imports; exports remain disappointing
Trade figures reveal Pakistan’s dismal show continues; textile sector hit.
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Trade corridor tops Chinese investment bonanza
Beijing, Islamabad sign 50-plus agreements worth $28 billion
