State-owned companies lose efficiency despite World Bank funding, unlikely to meet targets.

FBR officials only able to collect Rs356 million; most taxpayers claim to have earned incomes abroad.

Overall spending rises 18.4%, highest increase seen in Balochistan, Sindh.

Meeting the target may help restore the suspended IMF bailout programme.

Banks refuse to make advance payments to FBR to meet revenue targets.

First step in reforms – replacing cars with cash allowances – has been delayed.

Retiring central bank loans, power sector reforms key hurdles.

Pakistan’s tough stance on CIA operatives, reluctance to go after Haqqani network cited as possible reasons.

In an unprecedented move, PAC held former army generals responsible for financial corruption.

Penalties, surcharges waived on payment of actual taxes by June 30.