Stories from Shahbaz Rana
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Govt offloads projects from development budget
Projects had become a tool for foreign trips, vehicles and double salaries.
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FBR files a dozen more references in missing containers scam
FBR insiders fear politicking may influence investigation.
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Not seeing eye to eye : SBP, Finance Ministry disagree on projections
Central bank and ministry paint contrasting pictures of the economy.
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Civilian aid dries up: US refuses to fund Pakistan-American Enterprise Fund
The $300 million was intended to finance small and medium enterprises in the private sector.
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Fiscal breather: Islamic Development Bank rolls over $576 million debt
Pakistan will now pay back the amount over the next two years.
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Price stability: December inflation down to single digits
Core inflation still above 10%, overall trend dependent on global commodity prices and govt spending.
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Development budget: Spending on target for first time in three years
Govt releases Rs148b in 6 months against annual budget of Rs300b.
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Overview: A distracted govt all but ignores the economy
Exit from the IMF programme and widening deficits characterise the outgoing year.
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Saudi Arabia gives $172m for urea import, reconstruction
Riyadh is the only one among country’s ‘friends’ that has met promise.
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Improving revenue collection: Pakistan, WB negotiating second reform programme
$300 million project loan being discussed despite severe problems in the preceding programme.