Pakistan borrowed $10.1b to repay old debt and support falling foreign exchange reserves

Says amount not taken as govt revenue receipt but as foreign grant, placed under external financing

Packages of contractual employees has been revised for a second time in seven months

Senate panel questions government’s strategy of acquiring new loans

SBP disagrees with observations, says issuance was meant to meet minimum capital requirements

Rollover of Rs47 billion circular debt, tax exemptions on key project among pending issues

Revelation raises ethical questions whether he could serve both countries at the same time

Government books Rs64b as non-tax revenue in 2016-17 after earlier placing the same amount as earnings in 2014-15

Borrowing spree indicates overall deficit to be more than revised target

Decision comes after one-day depreciation in Pakistani currency