Stories from Shahbaz Rana
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IMF reiterates hike in taxes, tariff
Official outlines enhancing revenue, ending quasi-fiscal operations as objectives
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$335m loan being secured for vaccines
Government has approached World Bank and Asian Development Bank for getting loans to procure vaccines
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World Bank sets tough loan terms
Finance ministry seeks three budget support loans totalling $1.5b before end of June
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Tax recoveries remain at $30m
Tax ombudsman suspects corrupt practices behind low offshore recoveries
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Punjab forces mills to sell sugar to unregistered persons
FBR spokesperson says district admins cannot waive condition of ST registration
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ECC waives up to 10% import duties
Diverts Rs11.7b from Covid-related budget for constructing hospitals in Punjab
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Govt cuts macroeconomic targets for next fiscal year
Cabinet eyes 4.2% economic growth in 2021-22, sets inflation target at 8%
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Govt defers approval of motorway project
Decision comes on back of proposed changes in project’s financing model
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PM disapproves abrupt subsidy withdrawal
Directs economic team to take a gradual approach to protect the people
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CCP opposes fixing sugar price
Anti-trust watchdog cautions move may cause hoarding, escalation in prices









