Stories from Shahbaz Rana
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Govt releases Rs1.2b; HEC says not enough
Panel says amount would just pay salaries for July-Sept.
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Second leg of power reforms: tariff to increase
After disbanding Pepco, the government partially unveils the second leg of power sector reforms prescribed by donors.
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Top auditor reveals losses of Rs50b in rental power deals
AGP observes that policy to meet the energy shortfall was launched in haste and is likely to fail in its objectives.
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Power tariff up; Pepco dissolved
Government on Friday dissolves bleeding Pepco to follow crucial IMF diktat and also hikes electricity prices by 2%.
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EU pledges €80 million more in flood assistance
EU to unveil a more coherent multi-sectoral strategy for supporting the reconstruction of flood-ravaged areas.
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Country to spend Rs903b on repayment and servicing
Pakistan will spend about $3.3 billion this year on repaying foreign loans and interest accrued on them.
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Provinces fail to resolve row
Provinces fail to resolve a dispute over water distribution formula for the upcoming Rabi season.
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Market-driven growth model proposed
The Planning Commission rejects “aid-ridden growth model” and proposes a market-driven model.
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Centre to pay provinces more than it collects
Centre distributes Rs136 against a collection of every Rs100 on account of tax on services.
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GST to be reduced to 15%
The government decides to lower the tax rate by 2 per cent but will keep the higher rate intact for the current year.