Challenges exist but foreign currency reserves sufficient, assures SBP governor.

Hafeez Shaikh gave the go-ahead for a meeting, despite ban on new spending.

Bank offers $2.5b for development projects only over two years.

President Zardari appoints Salim Mandviwalla as Shaikh’s replacement.

Approves risk parameters for audit of suspected tax dodgers.

Finance minister avoids meeting with the bank’s director general.

Bank DG arriving for talks after CCI approves use of imported, Thar coal blend.

Increase of Rs3.5 billion sought for roads leading to Ashraf’s hometown.

Govt borrows Rs182 billion to bridge last year’s record budget gap.

Federating units accuse centre of subverting the budget through tax breaks.