Stories from Shahbaz Rana
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Credit line: Govt unveils microfinance scheme worth Rs125b
Over 100,000 loans will be issued within a year through state and commercial banks.
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Milking the exchequer: AGP catches 18 senior bureaucrats illegally availing Rs7.6mn
List includes senior most management of finance ministry.
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Exchange rate: Govt opens up credit line to stem rupee slide
The purpose driven vehicle will provide dollars for oil imports.
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In appeasement: Govt slashes sales tax on purchases from unregistered persons
Decision taken alongside other ‘relief’ measures.
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Constitutional amendment: Dar wants exiting govts to clear liabilities
Says govt took unpopular decisions to put economy back on track.
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Poverty alleviation: ADB posts progress on development goals
Failures outweigh gains as Pakistan posts questionable results
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Russia expresses willingness to invest in energy sector
Offers electricity export that can be increased to 5,000 megawatts.
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Bumpy start: Currency swap deals, forward contracts have flaws
IMF says these arrangements expose Pakistan to risks.
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Containing the damage: Govt on course, restricts deficit in first two months
Budget gap at 0.8% of GDP, thanks to USF funds, less expenses.
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IMF review: FBR likely to collect Rs130b less than tax target
If lower target is achieved it will still be 21% higher than last year’s collection.