Stories from Shahbaz Rana
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Three companies get approval to set up car assembly plants in Pakistan
Will result in investment of $372m; Lucky Cement, United Motors and Nishat Group among those given permission by govt
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Bureaucratic wrangling stalls WB-funded $73m water project
$73m scheme aimed to better manage water resources in Indus River basin
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IMF data bloats Pakistan forex reserves by $3bn
Gaps between its projections and actual results expose lender to criticism
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Shahid Mehmood becomes new finance secretary
Still, govt has to fill about half a dozen important posts
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Tax exemption to $2.1b CPEC project still in limbo
Ministry withdraws summary, ECC lowers WHT on banking transactions for non-filers
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Global lender warns of risks to Pakistan’s economic stability
The gains achieved over the past four years have started to erode, says global lender
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WB approves $223m with focus on banking services, Karachi
Aims to expand financial services in Pakistan, improve living conditions
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ADB approves $300m for power sector reforms
Loan will provide support for the sliding forex reserves over the short term
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Govt coins new term for public debt
Change in definition will wipe Rs2 trillion off government’s books
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Monetary and Fiscal Policies Coordination Board: No meeting convened despite worry over external accounts
SBP Act 1956 binds ministry to hold meeting every quarter, last one was held in Sept 2016