Stories from Shahbaz Rana
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LSM output drops 25% due to import restrictions
Pace of contraction doubles as implications of import curbs unfold
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Tax on cash withdrawal proposed
Commission seeks tax on banking transactions, elimination of hard dollar
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External financing needs for Pakistan's 9th review unchanged: IMF
No truth to reports that IMF is asking Pakistan to raise $8 billion in fresh financing, says resident representative
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Debt servicing may consume Rs7.6tr
90% more than this fiscal year’s original budget set aside for interest payments
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IMF asks Pakistan to arrange $8b
Increases demand for additional financing to ensure debt repayment
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Rs975b power subsidies proposed
Energy ministry had demanded Rs1.54 trillion - 70% more than this year’s revised budget
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ECC approves Roosevelt Hotel transaction
Gives 1025-room hotel to New York govt on rent
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Rs9.2tr new tax target likely
Report suggests FBR may again rely on limited number of taxpayers to meet goal
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Funds arranged for debt repayment
Finance ministry rules out default, says $3.7b will be repaid in two months
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ECC approves 21% hike in rates of cardiac stents
Sanctions Rs8.4b for foreign ministry due to devaluation of rupee against dollar









