Stories from Shahbaz Rana
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July-December: Govt misses budget deficit target, amount widens to Rs799b
Annual target set to be missed by wide margin, reduction in revenue attributed as reason
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ECC meeting: Govt decides to borrow Rs30b to pay off power sector liabilities
Funds will be parked in state-owned Power Holding Limited, will take amount of loans to Rs365 billion
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Revenue Division: Govt may reverse secretary’s appointment as pressure builds
FBR’s 20,000-strong workforce goes on strike to protest ‘discrimination’
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Caving in: Punjab stops collection of agricultural income tax
Move is in violation of SC judgment and contrary to claim of increasing tax net
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Pakistan to borrow $600m from China
During first half of this fiscal year, the federal government borrowed $4.1 billion from the foreign lenders
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Pressure on reserves: Pakistan’s trade deficit swells 28.7%, now stands at $17.4b
Exports in the first seven months are less than half of the annual target
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Panel finds anomalies as circular debt swells to Rs370b
Finance ministry slowed payments of subsidies and other financial obligations following the expiry of IMF programme
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Planning minister comes down hard on PIA’s top hierarchy
Iqbal says management is displaying unprofessional approach in turning around the national carrier
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In just one year: Government’s debts, liabilities grow to Rs14.54tr
Share of short-term loans increases to 43 per cent, further deepening dependence on banks
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CDWP approves 258% increase in cost of Kachhi Canal project
Ignores findings of a probe into allegations of corruption in the mega project