Reduces tax collection target, imposes regulatory duty on 312 tariff lines, increases sales tax on LNG supply

Asad Umar says govt has introduced steep fiscal adjustment of 2.1% of GDP, equal to Rs814 billion

Imported coal-fired projects put on backburner; two new hydropower projects to be proposed for inclusion

Increasing gas prices for power sector will hike electricity costs by 12%

Wants to make the most of euphoria among expats over contribution to dam fund

May ask China to sign agreements during PM’s visit in November

Puts at least one CPEC energy project of 1,320MW on the back burner

Govt may end three-tier tax system, increase federal excise duty

Mini-Budget for FY2018-19 to be presented on Sept 18

Turns down summary as Muhammad Zubair, his brother, was not entitled to pensionary benefits