Stories from Shahbaz Rana
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Worst floods since independence caused over $32 billion losses, WB initial estimates
Devastating floods adversely impacted 33 million people and inundated 15% of the country, causing major hardships
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MNA schemes to get record Rs87b
Each NA member of ruling coalition will receive Rs500m for uplift projects
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Govt to shelve coal power project
Decision driven by high cost of imported coal, preference for local resources
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PSDP spending cut to just Rs48b
Economic crisis forces govt to sharply reduce development spending
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Bureaucrats protest against ‘discriminatory’ allowance
Economist Group goes on partial strike against decision to grant 150% executive allowance to select few bureaucrats
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GST harmonisation delayed further
Political polarisation, constitutional challenges hamper sales tax integration
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Rs410 million approved to deal with PTI march
ECC defers summary for wheat support price, backs cheap electricity to exporters
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Door open to bilateral debt rescheduling
Dar insists Pakistan will make timely payments to commercial, Paris Club lenders
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Dar faces uphill task to unlock $1b WB loans
Finance minister assures lender’s local head that country will implement prior conditions
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Rs2 trillion wiped off public debt
Rupee appreciation helps reduce country’s external debt to Rs17.4tr








