Stories from Shahbaz Rana
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Rich-poor gap to widen further due to power outages, falling investment: ADB
State-owned enterprises are heavily draining fiscal resources and their losses are on the rise.
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Federal development spending: Ministry proposes 17% hike, final figure to be higher
Govt bodies and ministries ask for more funds; send demands for review.
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Changing platform: Banks concerned over shifting of institutional investments
Ask govt to withdraw the lifting of ban on investments in NSS.
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Govt promises fiscal discipline in budget
Plans to cut deficit by 0.5%, increase tax collection.
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Aid and assistance: Govt expects substantial foreign flows in 3 months
Country may get $2b from global lenders, US before the turn of fiscal year.
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ECC meeting: Petroleum prices to be adjusted every fortnight
Wheat purchase deal endorsed, price surge likely.
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Sigh of relief: Govt rules out any increase in income tax on banks
Tax on profits from investment in govt papers will also not be raised.
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NATO supplies, military bills: Pakistan, US agree on new framework
Negotiations to begin once parliamentary review of ties with US is complete.
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‘Outsider’ starts attending 3G auction meetings
President’s aide allegedly watching out for ‘someone’s interest’.
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Coalition Support Fund: Alternatives for refund of war on terror bills
Options to be discussed today at a meeting between the finance minister and visiting US official.