Dar is targeting 5.5% growth for 2015-16, which is considered ambitious due to a tight fiscal policy he is following

Allocations made to complete missing links on the trade route.

Plans to introduce additional slab with rate of 7.5%

Only 20% of total development funds will come from foreign loans

APCC approves major macroeconomic targets; better energy supply, competitive exchange rate to aid growth

Tax hike likely to affect higher income individuals

Will be the highest in country’s history; recommendation will be sent to PM

SBP slashes policy rate by 100 basis points, bringing it down to 7%

Was set at 4.9% of GDP; may need IMF waiver for next loan tranche

After the cut, discount rate stands at its lowest in 42 years