Forms committee for negotiating wheat price with Moscow for more imports

Move flouts law that calls for due diligence before launching mega schemes

Increases $115m as imports surge and exports contract

Main challenges are to become bridge between FBR and Q Block, enhance revenues

Under a WB condition, govt should let the market forces decide instead of fixing prices itself

Decision comes amid reservations about high price, using Russian ships for shipment

Share of foreign currency debt increases to 36% of Pakistan’s total debt

Electricity rates up by up to 17%; gas by nearly 15%

Monthly collection and filing of tax returns remain low

Finance ministry says debt accumulation slows down in second year of PTI govt