Stories from Shahbaz Rana
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SBP borrows $3.93b to bolster forex reserves
Debt servicing and CPEC-related imports prompted the move
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Dissatisfied with size of Pakistan’s economy, Dar authorises World Bank study
Finance minister believes country’s GDP is understated by 25%, wants accurate study of economic output
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Dasu power project: ECC approves government guarantees for $140m loan
Agrees on draft of tripartite power purchase deal to meet ADB credit condition
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SBP governor’s term ends, but he may get a 3-year extension
Decision expected to be unveiled today as summary sent to PM
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Public warned not to invest in Thalian housing scheme
PAC wants bank accounts frozen, declares project fraudulent
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Pakistan adds another $115m loan to its growing debt
Borrowing continues after country fails to generate non-debt creating inflows
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K-Electric stake sale: Abraaj Group to get only half of receipts
Has 50% stake in holding company of power utility.
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Offshore wealth: Tax amnesty to lure back money opposed
NA panel backs proposal to withdraw secrecy clause from Income Tax law
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PVC Resin: Lobbies look to lower protection for manufacturers
Industry, on the other hand, wants higher duties to guard against imports from China
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CPEC generation capacity to be kept at 11,000MW
Successful implementation of the CPEC to generate 700,000 local jobs in the longer run, officials