Stories from Shahbaz Rana
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China’s power firms to get Rs50b
PM gives directive to save power producers from default, open revolving fund
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Russia wheat to be imported against cash
Barter trade had earlier been proposed due to sanctions imposed by West
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Economy may not sustain 6% growth in FY23
Finance ministry says country in vicious cycle of high inflation, currency depreciation
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Govt rules out restoration of fuel taxes after recent hike
Ismail says PM petrol relief package is for every household with below Rs40,000 monthly income
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Ministries face steep budget cut
Planning ministry issues budget ceilings to dozens of divisions for FY23
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1% CVT on bourse rejected
Finance minister shoots down proposal, also refuses to raise tax on salaried class
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Pakistan, IMF again fail to reach staff level agreement
IMF emphasises upon 'urgency of concrete policy actions, including removing fuel and energy subsidies'
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Chinese IPPs face default risk
They find it difficult to make debt repayment due to Rs340b outstanding dues
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Foreign loan inflows dry up
Despite growing needs, Pakistan received only $248m in external loans in April
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Fate of IMF talks hinges on PM’s ‘big nod’
Economic czars want political leadership to take unpopular decisions








