Endorses 6.2% economic growth target, 6% inflation rate for next fiscal year

Military will get only a regular increase

Decrease is due to shrinking fiscal space and approval of new armed forces development plan

Are selected from PAS group; some do not have experience in handling fiscal affairs

Amount is 63% higher than current year’s original estimates

APCC will approve macroeconomic framework and federal PSDP on Monday

Development comes as govt remains committed to keeping exports competitive

Companies will be picked only once in three years if they fall on risk parameters

Lending agency advises tightening monetary policy, letting rupee weaken further to tackle challenges

Mood in Washington to be assessed before Islamabad weighs bailout option