Stories from Shahbaz Rana
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Key project: Islamabad approaches World Bank for Dasu Dam
The dam takes precedence in bank’s priorities over Diamer Bhasha Dam.
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Constraints: US aid for Pakistan at risk of being wasted, misused, says report
The NGO selected by USAID to disburse aid lacks capacity, according to OIG.
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Borrowing trouble?: WB delays loan till conditions are met
Govt expected the loan in December to strengthen fast dwindling SBP reserves.
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Inflation hits highest level in 16 months
CPI rises 9.1% in Oct due to increase in utility, essential goods’ prices.
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Tax collection: FBR misses target for fourth successive month
This comes as govt back-pedals on key tax policy measures.
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Questionable strategy: US report finds holes in Jamshoro plant funding
Office of US Inspector General says the plant will remain unfeasible .
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FBR in doldrums: Plan to catch tax evaders falters
Drastic drop seen in tax evasion notices; FBR yet to draft rules to access bank accounts.
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Ease of doing business: Pakistan’s ranking slips to 110th place
Country performs poorly on eight out of ten indicators.
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$6.7 billion programme: Pakistan seeks concessions from IMF
Lowering of reserves targets and increase in loan amount sought.
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Timetable: Govt clears high cost Jamshoro power project
ADB to consider $900m loan for the project tomorrow.
