Stories from Shahbaz Rana
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For 2nd year in row: Pakistan’s economy will slow down to 3.4%, says ADB
Outlook 2014 urges Islamabad to implement structural reforms in energy and taxation sectors.
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Going up: After a brief stability, inflation starts rising
CPI increases 8.5% in March, driven by higher food inflation.
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Development budget: Govt decides to earmark Rs86b for ‘new initiatives’
Proposed amount to be used for projects cleared by PM for 2014-15 Public Sector Development Programme.
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President promulgates sales tax ordinance 2014 as FBR falls short of collection target again
Tax collection falls short of the Parliament’s approved target but remains in line with the IMF’s projections.
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Fresh amendment: SBP to shake off govt’s shadows from July
Central bank will become sole owner and manager of foreign reserves.
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No detour from economic ties with Kabul, Dehli: PM
World Bank’s managing director recognises country’s efforts, urges reform.
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Boosting forex reserves: Pakistan refuses to sell $2.7b worth of gold says IMF
Global lender had asked country to sell gold to increase forex reserves.
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Policy shift: Ruling party to bring RPPs back on line
ECC orders companies which were awarded RPP contracts previously to reapply for licenses.
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Incoming: New loans of $2.2b to come in next two months
WB to give $1.7b cheap credit, Eurobond to bring $500m at high interest rate.
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Move backfires: FBR under scrutiny for tax collection
Revenue collection body lost taxpayers instead of recruiting more.









