Finance ministry spokesman says IMF projections are not the same as those of the government’s.

Secretary says Dec 2014 deadline for sell-off can be extended.

Asks India to identify some 100 items it intends to take off sensitive list.

Admits that the govt’s claim to increase the tax net has been unrealistic.

Japan expected to lend $2b for Karachi Circular Railway.

The decision shows the priorities of the new PAC that seemed struggling to dig deeper into financial irregularities.

BoD blames ‘lax management’ as reason, orders inquiry to minimise damages.

The GSP Plus status will come into effect at midnight on January 1, 2014.

Pakistan remained unable to attract foreign investment that could supplement the declining reserves.

Board will meet early January to consider privatisation of state enterprises.