Sardar Sukhera to be secretary; conflict of interest could arise

Global lender stresses exchange rate flexibility, while Islamabad remains optimistic

Saeed Ahmad’s claimed unawareness before JIT about transactions made from his accounts

Says economic growth likely to remain below expectations, keeps country’s credit rating unchanged at B3

Overvalued rupee, minimal export incentivisation hurting exports

Says allegations of tax evasion and misdeclaration of assets baseless

Total of 12 development schemes worth Rs279.5b approved

Dar gives assurances he would implement charges after it was unable to privatise power distribution companies

Lending agency will give around $2b per annum; final disbursement will depend on projects’ readiness

Bajwa will be the third bureaucrat to be appointed as head of the central bank