Stories from Shahbaz Rana
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Centre plans DISCOs’ handover to provinces
Comes up with proposal on fears circular debt may jump to Rs3 trillion
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Amid economic crisis, cabinet writes Rs20 billion cheque in favour of banks
Direct borrowing from commercial banks will result in annual income tax loss of billions, compromise transparency
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Impasse in talks with IMF on debt surcharge
Both sides agree to continue deliberations
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Hopes rekindle for $2b Chinese loans
Islamabad, Beijing reach deal for $700m commercial loan
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Tobacco industry protests tax lacuna
Govt raises FED rate up to 154%, but lifts minimum retail price threshold by only 35%
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Cabinet extends duty for 40 days
Additional duty on consumer goods will stay till Mar-end to discourage imports
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NA passes Rs170b mini-budget to meet IMF terms
Move to push people deeper into poverty trap
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Fiscal imbalances to hit funding
The country can no longer afford to have a large current account deficit
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US seeks reversal of tax increase
Embassy delegation meets SAPM to lend support to foreign beverage firms
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External public debt falls by $4.7b
Debt shrinks in dollar terms as foreign banks refuse to roll over loans









