Pakistan will spend about $3.3 billion this year on repaying foreign loans and interest accrued on them.

Provinces fail to resolve a dispute over water distribution formula for the upcoming Rabi season.

The Planning Commission rejects “aid-ridden growth model” and proposes a market-driven model.

Centre distributes Rs136 against a collection of every Rs100 on account of tax on services.

The government decides to lower the tax rate by 2 per cent but will keep the higher rate intact for the current year.

Centre, provinces agree to impose sales tax on services paving way for restoration of $11.3b IMF bail-out programme.

Govt promises to pick up losses incurred by any province that shows flexibility.

Occasional riots in Karachi and economic mismanagement at the Centre adversely affects revenue collection efforts.

Irsa estimates 10-15% water shortage for Rabi season.

The delay is giving rise to fears that the final package may not be all that beneficial.