Will pay interest of around 4.9%, higher than some foreign commercial bank loans

Decision taken during PBS meeting chaired by planning minister

Per day currency purchase, outward remittance limit cut to $5,000

Pakistan, China agree to strengthen LEAs capabilities

Only kept Rs17 billion in budget, will now require grant approved by IMF

Finance Minister Dar says KSA gives positive response to his request for a $4.2b in fresh loan

64% of total expenses went into interest payments on loans and defence

May impose 17% tax on high-grade petrol, increase additional customs duty

Deficit contracts 27% primarily due to steep fall in imports

Prices of all essential goods rise; inflation more than double wage increase