FBR refuses to go easy on CNIC condition, demand for fixed tax scheme; govt side hopes breakthrough today

Net domestic asset targets are stringent that may create liquidity problems

Decision taken on basis of a pre-feasibility study that found scheme financially unviable

Pakistan faces difficulties in reducing debt despite tightening fiscal policies

PTI govt’s position remains comfortable on six performance criteria

Suspects real owners are political persons keeping assets in others’ names

High debt a hurdle in achieving goals but govt hopes it will make progress

FTO had sought action against FBR officers involved in vehicle smuggling, sale

Pakistan is also among top 10 countries with the most improved business climate

It signals deeper economic slowdown that will increase unemployment