Central bank and ministry paint contrasting pictures of the economy.

The $300 million was intended to finance small and medium enterprises in the private sector.

Pakistan will now pay back the amount over the next two years.

Core inflation still above 10%, overall trend dependent on global commodity prices and govt spending.

Govt releases Rs148b in 6 months against annual budget of Rs300b.

Exit from the IMF programme and widening deficits characterise the outgoing year.

Riyadh is the only one among country’s ‘friends’ that has met promise.

$300 million project loan being discussed despite severe problems in the preceding programme.

Loans will be for urea import, development projects in Malakand, Waziristan.

Gilani doles out 68% of annual budget in just five months to keep allies content.