Marginal increase indicates govt’s reforms initiative is not bearing fruit

In worst case scenario, country may face up to $5 billion loss

FBR admits system is malfunctioning and has been shut for past 20 days

It will offer one-tenth shares to international firm having expertise in sector

Package includes funds for improving social, health indicators in districts of Punjab

Also delays decision on 38% hike in power tariff for Karachi consumers

Finance ministry denies global lender has agreed to downward revision

SBP Governor Reza Baqir tells PAC people do not want to come in tax net

Despite winning massive concessions, lower number of traders files tax returns

Due to a surge in core inflation the central bank may still resist the temptation to reduce the interest rates