State Bank shows inability to bring immediate stability to currency market

Replaced five independent directors of company without holding elections

Massive jump in foreign loans comes after deal with IMF

Only tariff hike targeted under foreign loans-linked reforms, other critical issues ignored

Govt plans to recover additional Rs122b from consumers in four months

Shamshad Akhtar dissatisfied with tax-to-GDP ratio, calls for raising it to 13%

Shamshad Akhtar, Waqar Masood appointed as nation navigates through economic challenges

Debt servicing, defence needs consumed 59% more than govt’s net income

Public debt pile grows at pace of 41.7%, reaches Rs62.9 trillion by end of June 2023

Emphasises upon meeting IMF condition on increasing health, education spending