Stories from Shahbaz Rana
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Economy shrinks from 6.1% to 0.3% under PDM govt’s watch
Curbs on imports leave industrial sector crippled
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Dar hints at end to IMF programme
Says loan programme may not be revived because of ‘restricted time’
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MNAs’ budget increased by 59%
ECC gives Rs20b, taking allocation to record Rs111b for lawmakers’ schemes
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Shehbaz sees Rs700b PSDP insufficient
PM chairs first review meeting of under-consideration Rs14.6tr budget
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Big businesses oppose super tax
Air concern over 7.5% tax on retained profits; warn of default risks
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Debt servicing to take lion’s share in budget
Govt may unveil fiscally expansionary budget of around Rs14.6tr for FY 2023-24
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Gas sector to get Rs76b against Rs230b requested
If OGRA does not enforce the WACOG on time, the gas sector’s circular debt will further increase
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Taxing company reserves could bring Rs338b: RRMC
FBR reluctant, suggests reviving 10% tax on undistributed reserves
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Foreign loan inflows plummet by 38% to $8b
Main cause of low disbursements is govt’s delay in reaching a deal with IMF
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Dar steers away from cutting taxes, providing subsidies
Says rupee devaluation generated Rs1.5tr bonanza for exporters









