Stories from Shahbaz Rana
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G-B races ahead in tech revolution
Imparts training in artificial intelligence, sets up robotic labs in govt facilities
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Another $1b due next week
Junk credit ratings pointing to default risk restrained lenders from commitments
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Non-FBR personnel collect Rs734 billion in taxes
Withholding taxes made up nearly 66% of total tax collection in current fiscal year
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Rs2.2 trillion spent on interest and defence
Amount is equivalent to 107% of the government’s net income
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Roosevelt Hotel to be given on lease
Cabinet committee decides to hire firm for leasing the asset in New York
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Uplift funds, default risk both rise
Ministry demands Rs87b increase in PSDP funds for parliamentary schemes
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IMF wants market-base rupee value
Fund blames controlled exchange rate for black market for dollars
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SHC strikes down “unconstitutional” super tax
Says the govt’s decision to charge 10% super tax from selected sectors is “discriminatory”
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Pakistan, IMF remain poles apart as power sector debt skyrockets
Virtual meeting between Finance Minister Dar and IMF mission chief remains inconclusive, say sources
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Circular debt takes centre stage
ECC disallows 2nd subsidy to PSO, sets up committee to settle debt of Rs1.4tr









