Stories from Shahbaz Rana
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Got change?: Decimal coins soon to be in museums
NA panel approves amendments for recycling of Rs22m worth of leftover old coins.
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Infighting: Govt fails to finalise revenue target
FBR has not yet submitted data required to set tax collection targets.
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Busy day for ECC: Oil marketing company margins increased by 32%
Waiver of long-term gas supply to result in higher import bill; nine off-the-agenda amendments approved.
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Trade policy: ECC to discuss cut in import tariffs
FBR, ministries of commerce, industries against the proposal.
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Figure-fudging fiasco: FBR chairman offers resignation
Finance minister calls decision to seek advance taxes from banks ‘a silly move’.
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IMF programme: ‘We tried, we failed, we give up’
A nation that applies for a bailout and then fails to live up to its conditions, leading to a suspension of payments.
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Cotton purchase: Govt to scrap withholding tax
Rs105 billion revenues collected in July 2011, 36% more than last year.
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Trade deficit shrinks on strong export growth
Country to focus on regional markets as demand from US and EU falls.
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Energy policy: Power sector complacency to cost Rs332b
Most of the ‘cost of doing nothing’ is due to the inefficiency at state-owned firms.
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Energy committee meets: Circular debt resolution linked to power sector reforms
IPPs to make presentation before the panel today.