Trade deficit narrows due to dip in imports as exports remain almost flat

Trade facility of $3b was used to repay maturing debt, bolster forex reserves

Approval comes in wake of ruckus in cabinet over surging inflation

Says amount may further increase by up to Rs8b after payments from banks

Committee fails to evolve consensus on tax incentives for telecom sector

Ministry says inflation will also remain high because of money circulation growth

Decision comes on back of slow progress on govt’s $400m venture to reform taxes

Pakistan asks IMF to relax mini-budget, tariff hike conditions

Committee fails to agree on Rs1,000-per-bag fertiliser subsidy

Offer for Pakistani nationals hiding US dollars aims to cushion dwindling reserves