Islamabad demands reduction of 2.4% in price

Acting governor rules out knee-jerk reaction to inflation shock

Decision will give jolt of Rs42b to new budget

Pakistan fails to empower debt office, harmonise sales tax laws and procedures

Saudi Arabia first country to agree to give commitment to the IMF, top government source confirms

Every 5 MHz sale may fetch around $96m; licence will be for a period of 10 years

Lender links $1.2b approval with bridging yawning financing gap

It comes after strict curbs on imports that fall over $3 billion in July

It’s highest increase since October 2008 amid steep fall in rupee’s value against dollar

Move will cause Rs30b dent on national exchequer; smokers will pay more tax