Stories from Shahbaz Rana
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Money (mis)management: National debt doubles to Rs11.7 trillion in 4 years
In 2011 alone, Rs1 trillion was added to the debt stock.
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Setback: 3G auction running into snags, yet again
Ever increasing possibility of further delay in bidding.
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Floods inflicted $3.7 billion loss in Sindh, Balochistan
ADB/WB report says half of the losses in Sindh were agriculture related.
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Purchasing power: Inflation rises to 11.1% in February
Higher international oil prices, bad fiscal discipline blamed for the uptick in CPI.
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‘Positive’ move: Cabinet okays India trade liberalisation
Negative list approved; complete removal of barriers by December.
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Tax collection for February beats last year’s figures
Still off the required pace to reach the annual target.
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Financial constraints: Anti-poverty schemes face budget cuts
1.1 million households removed from the list of BISP beneficiaries in just three months.
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Budget surplus of provinces falls short of target
Surplus stands at 16% of Rs125b target in first half.
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Coalition Support Fund: US signals clearing unpaid bills for war on terror
IMF estimates that Pakistan can get $400 million at best, as compared to the budgeted $1.3 billion.
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Supporting role: SBP acts as a lifeline for federal budget
Decision to stop injection may lead to downgrade of credit ratings: governor.