Govt to convert a 12-year-old grant into equity in a questionable deal

Subsidiary of the industrial unit will be set up for transaction

Planning Commission recommends keeping currency stable

Move violates law that calls for women representation in every public interest firm

Proposes a mix of commercial and concessional loan against Islamabad’s desire to secure cheapest lending

Saudi Arabia has not yet signed $716 million relief agreement

Investigators seek NAB chairman permission to arrest ex-finance minister, SBP officials

Businesses have established shell or small setups to evade taxes

Total external inflows in five-month period jumps to $4.5 billion

Electricity rates could go up by 25% or Rs3.34 per unit