Finance ministry says country in vicious cycle of high inflation, currency depreciation

Ismail says PM petrol relief package is for every household with below Rs40,000 monthly income

Planning ministry issues budget ceilings to dozens of divisions for FY23

Finance minister shoots down proposal, also refuses to raise tax on salaried class

IMF emphasises upon 'urgency of concrete policy actions, including removing fuel and energy subsidies'

They find it difficult to make debt repayment due to Rs340b outstanding dues

Despite growing needs, Pakistan received only $248m in external loans in April

Economic czars want political leadership to take unpopular decisions

PM accepts resignation; planning minister will now get more powers

Public debt alone swells to Rs44.4 trillion by end of March 2022