PM backs massive tariff reductions to open economy amid IMF concerns

It will pile pressure on SBP to reduce policy rate significantly

Shortfall of Rs111b comes despite record new taxes, threatens mini-budget

PC board discusses giving hotel on lease or developing it as joint venture

Only two serious bidders emerge as privatisation deadline approaches

Govt also approved Rs78 billion in incentive package for its banks and exchange companies to boost foreign remittances

Govt releases simple bilingual income tax return form

Finance minister to receive briefings on operations of these firms today

The report details the pros and cons of the three options – outright sale, joint venture deal and the 99-year lease.

IMF package delayed as international lenders rollover only $426m