Stories from Shahbaz Rana
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Islamabad seeks $8 billion IMF loan under EFF
Higher amount of lending comes with tougher conditions
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President removes hurdle to sacking DISCOs’ boards
Promulgates ordinance that empowers govt to remove independent directors of SOEs
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PPP made privy to harsh IMF conditions
IMF demands signing National Fiscal Pact and further electricity price hikes
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ADB approves $250m expensive loan
Loan will help govt drive infrastructure investment via public-private tie-up
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Govt faces hard choices
Considers whether to scrap 15% tax on banks or collect more
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Pakistan receives $2.8b in flood relief so far
Some $11 billion pledges made in the Geneva Conference for the flood-affected population
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Inflation plummets to 2.5-year low
Drops to 11.8%, prompts speculation about key rate adjustments
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Six consortiums pre-qualify for PIA bid
Marks second extension to privatisation process; bidding process now expected in August
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With lower imports, trade deficit shrinks to $21.7b
Exports gain some pace, sparking hopes of meeting annual target
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Pakistan eyes loans, infra deals during PM's China visit
Govt decides to make bullet payments to Chinese power plants to reduce outstanding dues