Out of 26 properties, 23 were auctioned that fetched Rs1.1b

Total debt and liabilities swell by Rs14.7 trillion in two years

Govt delays 25% price increase due to inflationary implications, political uncertainty

Gives tax concessions to retailers in return for business documentation

It breaks momentum of fast economic recovery expected after first virus wave

Govt also signs $1.15b new financing agreements with World Bank

Approves purchase of 640,000 tons at cost of up to $284 per ton

Lender projects gradual increase in revenues, reduction in expenditures

ECC approves plan to book Rs72.5 billion circular debt in budget of this fiscal year

Country’s economy could grow by only 1%; inflation may cross above 10%