Official promises investigation of false reporting of numbers within 72 hours.

Finance minister lacks political support to take action against those responsible.

Government refuses to make a decision on power tariff hikes at high-level meeting.

Revised Rs1,550b revenue collection by tax authorities is higher than SBP figures.

Targets for fiscal year 2012 likely to be revised downwards.

Govt misses collection targets by another Rs38 billion, deficit now at 6.5%.

Decision taken at meeting of the NLC’s board of directors, chaired by Finance Minister Abdul Hafeez Shaikh.

Initially 100MW will be generated through conversion of coal into gas.

Former adviser sees ‘mysterious’ rise in remittances, fears income from illegal sources making into remittances.

For every Rs100 spent on a development project, Rs22 is used for perks, salaries and ‘other’ expenses.