Stories from Shahbaz Rana
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Fiscal tightening: SBP opposes debt swap with commercial banks
PM proposed deal to parliament as solution to circular debt.
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Capital markets regulation: ‘Urgent’ bill languishing in Parliament for over 18 months
Legislation was required as a precondition to a $200 million ADB loan.
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Transit trade: Pakistan commits to releasing 700 stranded Afghan containers
Kabul says it is commercial cargo with duties paid by importers.
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Joint Economic Commission: Afghanistan wants stranded containers cleared
Transport comes to a standstill following NATO supply block.
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Sugar millers press government to buy surplus stock
If agreed, govt will have to spend Rs32b on purchase of 0.7m tons.
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Attracting investment: Govt considering amnesty for stock brokers
Investors may be given incentive to declare hidden incomes by paying nominal tax.
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Investment decisions: Senate body declares National Bank deposits ‘too risky’
Commerce committee orders State Life Insurance Corporation to withdraw its Rs4b term deposits from NBP.
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2011 Housing Census results: Over-counting in Sindh, undercounting in Punjab
Inordinate delay between the population and housing census has already rendered last year’s data irrelevant.
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Chief commissioners’ conference: FBR officials against ‘amnesty’ proposal
Govt to go for prosecutions, shuns out-of-court settlement idea.
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Foreign exchange: Currency swap with China a bid to shore up, diversify reserves
The move is part of Beijing’s attempts to offer the Chinese yuan as an alternative to the US dollar.