Stories from Shahbaz Rana
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Irregularities in banks: Senate panel meeting put off for third time in a row
Committee members suspect that postponement a move to protect the corrupt.
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Parting ways with the IMF: The govt’s math does not add up
How the government is making fiscal decisions based on highly flawed logic and even worse arithmetic.
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Economic assistance: Civilian aid will not be axed, assures US
Washington stays mum over CSF, clears $300m Enterprise Fund.
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Dodgy dealing: Army court of inquiry takes up NLC case
Chaudhry Nisar criticises PM but welcomes military’s approach.
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Discouraging investment: Profit rates on savings schemes reduced
Returns come down following drop in bond yields and slowdown in inflation.
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Currency depreciation: SBP ready for ‘calibrated interventions’ to halt rupee decline
Experts rule out manipulation; blame oil payments, IMF programme halt.
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Après Mumbai: EU to restart process for trade concessions
EU said it would relaunch bid to grant time limited trade concessions to Pakistan.
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5 out of 6 people say they are worse off now than in 2009
People in Punjab most upset with their lives.
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Since 2008, incomes trail far behind soaring expenses
People spent increasingly more on food, survey reveals.
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Power sector, commodity financing: Govt to convert Rs380b loans into sovereign debt
Decision will push budget deficit to 5.8%, but will break debt cycle.