Stories from Shahbaz Rana
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PAC orders removal of NESPAK chief
Vice presidents also ordered to be terminated for violation of rules.
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Outstanding arrears: PAC directs govt to recover Rs2.6m from ex-minister
Former commerce minister Humayun Akhtar borrowed amount as travel allowances during General Musharraf’s era.
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Move thwarted: Govt stumbles in drive to increase burden on taxpayers
Members of advisory body call for widening the tax base instead.
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Denied their right: Govt uses workers’ funds to bridge widening deficit
Rs45 billion from the Workers’ Welfare Fund has been appropriated by the finance ministry.
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PAC meeting: Illegal award of motorway contract referred to NAB
The decision was taken while scrutinising the accounts of NHA pertaining to Musharraf’s tenure.
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Pakistan’s debt soars to ‘unsustainable’ Rs15 trillion
Persistent borrowing to bridge budget gap and rupee fall add substantially to the debt.
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No funding for you: ADB admonishes Pakistan for not treating its own people fairly
Says projects delayed due to issues regarding inadequate compensation.
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Doomsday scenario: IMF paints a gloomy picture of Pakistan’s economy
Jeffrey Franks says the economy is in dire straits and that a bailout programme is inevitable.
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With elections around the corner: Timeline issues delay decision on new IMF loan
Washington-based fund wants consensus across the board to approve programme.
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Report card: Pakistan may miss growth target for fifth year in a row
World Bank also sees slow pace of economy in the next two years.