Stories from Shahbaz Rana
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Violation of the ban: Govt set to approve Rs220m for vehicles, office gear
Project expected to be approved despite Ministry of Finance’s notification reinforcing the sanction
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Irregularity: Funds for poor pumped into lucrative businesses
PPAF’s partner misuses Rs403m, fails to extend small loans.
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1QFY15: Trade deficit widens by 45% to $6.5 billion
Occurs on the back of contraction in exports and double-digit growth in imports.
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Trade deficit widens by 45%
Trade deficit gap from July through September this year was $2 billion higher than IMF projections
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Kerry-Lugar Act: US unlikely to extend civilian aid package
The $7.5 billion package will expire by September next year
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Bailout programme: Two combined IMF loan tranches likely in December
Pakistan, global lender agree to club 4th, 5th reviews.
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Lifeline: Flow of foreign loans slows down
Country receives only 7.5% of annual estimate in first two months of FY15
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World Bank report: In Pakistan, violence rises with food insecurity
Report suggests poor Pakistanis dislike militants more than middle class
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Broken promise: Superintendents denied promotion to BPS-17
Instead the govt has only granted them higher time scales
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1QFY15: Development spending slows down
Expenditure in first nine months will be restricted to hold reserves for possible shortfall, says Dar









