Stories from Shahbaz Rana
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Budget deficit soars to Rs992b
Gap widens in Jul-Nov FY21 because of spike in debt servicing
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Finance ministry rules out raise in salaries
Over five dozen govt organisations, labour unions threaten indefinite strike
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Railways seeks Rs11b for protection of ML-I project
Move comes in addition to two special security divisions already set up by military for CPEC
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Deadline expires, but Riyadh yet to sign debt suspension pact with Islamabad
Under G-20 initiative, applicant countries were supposed to conclude deals by Dec 31
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Trade deficit widens 32% in Dec
Increase in exports not sufficient to match surge in imports
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Govt plans to lower tax for expats
May promulgate presidential ordinance to give sweeping income tax concessions
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Pace of inflation lowest in five months
Slowdown to 8% comes amid improvement in supplies of perishable food items
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Dream of viable economy remains ever elusive
Halfway into its term, PTI’s inability to bring necessary course correction overshadows minor gains in 2020
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FBR misses half-year tax target by a whisker
Collects close to Rs2.2 trillion against target of Rs2.21 trillion
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Inflation spirals in 2020
Mishandling of wheat, sugar supply cost $520m in imports