Stories from Shahbaz Rana
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Economic assistance: Civilian aid will not be axed, assures US
Washington stays mum over CSF, clears $300m Enterprise Fund.
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Dodgy dealing: Army court of inquiry takes up NLC case
Chaudhry Nisar criticises PM but welcomes military’s approach.
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Discouraging investment: Profit rates on savings schemes reduced
Returns come down following drop in bond yields and slowdown in inflation.
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Currency depreciation: SBP ready for ‘calibrated interventions’ to halt rupee decline
Experts rule out manipulation; blame oil payments, IMF programme halt.
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Après Mumbai: EU to restart process for trade concessions
EU said it would relaunch bid to grant time limited trade concessions to Pakistan.
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5 out of 6 people say they are worse off now than in 2009
People in Punjab most upset with their lives.
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Since 2008, incomes trail far behind soaring expenses
People spent increasingly more on food, survey reveals.
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Power sector, commodity financing: Govt to convert Rs380b loans into sovereign debt
Decision will push budget deficit to 5.8%, but will break debt cycle.
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Inexplicable drop: As rupee dives, finance ministry asks SBP what’s up
Govt suspects malfeasance in the sharp decline of the currency against the dollar.
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Large-scale manufacturing: Weak auto, petroleum sectors keep growth low
Production of 100 industries grew average 0.68% in July.