The first tranche of additional power subsidies worth Rs335b agreed with IMF

Steeper reduction in imports was offset by dip in exports

Finance Ministry report reveals external public debt rose significantly in the past six months

Country at the doors of hyperinflation

Ministry says political instability, delay in IMF deal causing distress

May compel IMF to demand a cut in expenses or the imposition of new taxes

Approves advisory agreement with IFC against heavy drawbacks for Pakistan

Sources said IMF wanted $3b to be arranged from a combination of bilateral and commercial loans

Decision to impose taxes on banks involved in currency manipulation still pending

Management defends decision, saying tendering complied with public procurement rules