Stories from Shahbaz Rana
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Balancing the budget: Centre forces provinces to run surpluses
Provincial surplus target increased by 24%, despite loud objections raised by Punjab.
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Back-door dealing: Legal loophole to be closed after banks dodge taxes
Tax rate of bank subsidiaries likely to be brought at par with its parent company.
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Pakistan needs to arrange Rs7.3t in upcoming year
Country likely to roll over maturing debt of Rs5.8t once again.
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US pledges $110m aid amid talks over NATO supplies
Financing for cross-border security, counternarcotics activities.
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Govt’s milk pricing mechanism flawed: CCP
Uniform fresh milk prices in violation of competition law.
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Proposed budget share: 2% for higher education, 20% for military
Allocation for HEC 5% higher than current year, 20% lower than requested for next year.
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Proposed allocation: BISP budget 20% higher yet below requirement
Finance ministry claims large budget will be meaningless since the programme is plagued by constraints.
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Pakistan, US to reconsider assistance programme
Fruits of $7.5b Kerry-Lugar package remain largely invisible.
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Subsidies worth Rs1.4 trillion given in four years
Biggest chunk of Rs1.12 trillion swallowed by power sector.
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Election year budget: Prudence trumps populism in first draft
Cabinet approves strategy paper; ministers demand more subsidies.