Stories from Shahbaz Rana
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Development schemes: PM releases extra funds to appease parliamentarians
Gilani doles out 68% of annual budget in just five months to keep allies content.
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Hurtling to a crash?: Railways says it can’t meet debt obligations
Seeks freeze on interest payments, PM’s approval to sell lands and retire debts.
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Mid-term review: World Bank pledges $3.7b in new loans
Highlights risks to the country’s macroeconomic stability.
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Pakistan, China sign currency swap agreement
Move aimed at strengthening bilateral trade and investment.
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MFN status to India: Pakistan proposes safeguards for local industry
Commerce secretary says local exporters will get level playing field.
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Bureaucrats can now buy official cars, for peanuts
Government gave civil servants from grade 20 to 22, option to purchase cars allocated to them on depreciated prices.
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Accountability in aid: World Bank downgrades anti-poverty programme
Pakistan Poverty Alleviation Fund gets its lowest rating in 12 years.
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Pakistan stops billing US for ‘war on terror’ costs
Deterioration in ties since bin Laden killing has had monetary consequences.
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Faltering attempts: Loopholes mar govt tax-collection efforts
Most people served with tax notices claim to have income from agriculture.
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Analytical independence: SBP, finance ministry differ on forex reserve depletion
Central bank assumes a much worse scenario than Q-block, fears further depreciation in rupee value.









