Move to affect govt’s creditworthiness; IPPs threaten to take legal action.

Growth is around 1% higher than previous estimate of 2.8%.

FBR also proposes withholding tax on manufacturing to generate Rs100b extra.

Latter to be able to invest in govt papers through commercial banks.

Move will enable tax body to recover principal, boost revenues.

According to the survey, poverty has declined from 17.2 per cent in 2008 to slightly over 12 per cent in 2011.

Change in methodology cut the size of economy by Rs2.5 trillion.

Budget deficit of Rs1.4 trillion is 6.6 per cent of the total size of the economy.

Govt gives the go-ahead, to also buy same quantity for buffer stock.

Massive increase in fuel prices acts as a catalyst in April.