Stories from Shahbaz Rana
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Govt approves privatisation of Steel Mills, PIA
Cabinet Committee decides to leave employee benefits unaffected. Lakhra Power plant added at last minute.
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Critical assessment: ADB slashes economic growth forecast to 3%
Believes Pakistan economy will pick up pace following wide-ranging reforms.
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Dollar flight: SBP chief spills the beans
Awami National Party’s Senator Haji Adeel had flagged the issues of smuggling of dollars and money laundering.
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Govt reports lower inflation despite price increase in commodities
Analysts question credibility of inflation data which seems unfazed by rupee depreciation and fuel prices .
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Playing Russian roulette: Govt misses deadline for privatisation strategy
Islamabad was supposed to put strategy in place for reforming state-owned enterprises before September 30.
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Final warning: Raise salaries or face contempt charges, IHC tells government
Compliance of court’s orders will burden government kitty by Rs50 billion.
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Dent to the reserves: Pakistan repays $146.6 million to IMF
Central bank has already tapped foreign reserves to stop rupee’s slide.
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Cost overruns: Saudi Arabia pledges $100m for Neelum Jhelum project
About $500 million in foreign funding still not arranged, costs rise due to mismanagement and alleged corruption.
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Pakistan borrows additional $100m for Neelum Jhelum project from Saudi Arabia
Saudi Arabia also extends a $100m grant for health and education sectors of Pakistan.
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Government hopes to use Imams to raise awareness
State is facing multifaceted challenges, the government needs support from all walks of life, Ahsan Iqbal argues.