Stories from Shahbaz Rana
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Ledgers and losses: Watchdog gets through only 1% of govt’s Rs3tr budget
Federal ministries show the most losses.
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Neelum Jhelum: Banks losing interest in financing major dam
Give no commitment as WAPDA seeks a loan of $500 million.
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Eight-month performance: Govt spends about Rs950b more than its income
Deficit widening due to hefty subsidies, costly borrowing and falling tax revenues.
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Budget paper: Extra billions given to army acknowledged
Rs200b annual burden likely to be passed on to taxpayers.
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Unable to run itself: FBR unfreezes PIA accounts after partial tax payment
Airline deposits Rs85m against outstanding FED of Rs3.5b collected from passengers.
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Despite ban: PM appoints scion of Bilour family to Planning Commission
His job is to work out education and social welfare plans but he has no experience.
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Lucky break?: ECNEC meeting cancelled over ministerial ‘apathy’
The move saves the national exchequer from additional Rs483 billion burden owing to development schemes.
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National Finance Commission: Provinces demand full share from divisible pool
National Finance Commission informed that shares have not been released in full.
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Rift: PM advised not to separate audit, account
AGP says ‘snatching’ his powers of pre-audit of funds is ‘unconstitutional’.
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A ticking bomb: ADB report warns of falling land productivity
Says rising salinity and deterioration of water quality will lead to serious problems in the future.