Stories from Shahbaz Rana
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Well-off provinces get more loans
Economic activities in these regions funded by economically backward provinces
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NPMC sheds light on reasons for food price hike
Says bad governance, profiteering and climate change at heart of inflation
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Gwadar International Airport project okayed
Project will cost Rs55.4 billion, about 147% higher than first revision
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Govt shortens World Bank ED tenure
PM nominates Finance Secretary Naveed Kamran Baloch for World Bank board
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SBP reliance on loans more than doubles
Borrowing increased to keep foreign currency reserves at higher levels
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IMF seeks hike in power prices
Also asks for additional revenue measures to revive programme
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World Bank forecasts 0.5% growth rate
Report says pandemic compounded Pakistan’s economic woes
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ECC allows wheat import from Russia
Forms committee for negotiating wheat price with Moscow for more imports
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Govt okays project to fight locust
Move flouts law that calls for due diligence before launching mega schemes
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Trade deficit expands to $5.8b during July-Sept 2020
Increases $115m as imports surge and exports contract









