Stories from Shahbaz Rana
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Going, going…: PTA postpones 3G licence auction
Regulator could not get cabinet clearance to avoid competitive bidding rules.
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Benazir Income Support Programme: WB approves loan to tighten social safety net
The programme was earlier downgraded to ‘moderately satisfactory.’
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Disputed projection: Wheat output put on higher side at 27m tons
Planning Commission reluctant to include the ‘optimistic’ figure in Economic Survey.
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Political battles bad for Pakistan’s credit image: S&P
Struggle between executive, judiciary and military biggest risk to economy.
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Money (mis)management: National debt doubles to Rs11.7 trillion in 4 years
In 2011 alone, Rs1 trillion was added to the debt stock.
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Setback: 3G auction running into snags, yet again
Ever increasing possibility of further delay in bidding.
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Floods inflicted $3.7 billion loss in Sindh, Balochistan
ADB/WB report says half of the losses in Sindh were agriculture related.
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Purchasing power: Inflation rises to 11.1% in February
Higher international oil prices, bad fiscal discipline blamed for the uptick in CPI.
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‘Positive’ move: Cabinet okays India trade liberalisation
Negative list approved; complete removal of barriers by December.
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Tax collection for February beats last year’s figures
Still off the required pace to reach the annual target.