British officials suspend cooperation due to concern over administrative structures

Considers bringing foreign companies on par with local firms

Pace of reduction slows due to hike in food prices in Ramazan

ECC also approves mechanism to retire Rs200b circular debt

Decline comes due to partial suspension of economic activities due to Covid-19

The money will be used to service maturing external public debt

Finds fault with disbursement mechanism which PM aide says lacks transparency

Move comes after inflow of hot foreign money proved costly

Faces resistance to withdrawing concessions on foreign currency accounts

Global lender restores Pakistan's budgetary support after four years