Stories from Shahbaz Rana
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Budget 2012: Govt likely to slash social safety net funding
Only Rs45 billion is allocated to the Benazir Income Support Programme.
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Economic Council: Growth framework targeting 7% rise in economy approved
Govt’s role to be restricted to policy-making and regulation.
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Punjab pleads for foreign loans, but quietly
Punjab government pushes National Economic Council to approve new international borrowing ceilings.
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Budget 2012: ‘Fatcat bureaucrats stifling reform’
Drastic civil service reforms to be called for at economic council meeting today.
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Global share float depends on investor confidence
Govt plans to sell shares of HBL, NBP and Kot Addu in the London market.
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Budget 2012: Govt expenses to rise by 7%
Allocation higher despite devolution of 18 ministries to the provincial level.
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Govt approves projects despite paucity of funds
ECNEC rejects calls for cutting development spending.
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Budget 2012: Foreign lenders unlikely to provide deficit financing
Government set to print money, causing inflation, and squeeze out private sector lending, hampering growth.
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Energy boost: ADB offers $4.5b for Diamer-Bhasha dam
Bank and Pakistan bridge differences, loan releases depend on pace of construction.
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Revised budget estimates: Budget deficit set to swell
Govt spends more, collects less than projected; expenditure shot up at the cost of development.









