Says there is no option but to redouble efforts for improving economic situation

He will arrive this month as Islamabad tries to balance relations with Arab nations

Country's external debt obligations estimated at $10.4b in new fiscal year

IMF board decides to take up country’s request for $6b loan on July 3 for decision

World Bank approves package for two projects

It is nearly half the amount taken by PPP govt in its full five-year tenure

Tasks finance ministry with completing deliberations within two days; ministry seeks more time

It leads to Rs300b cut in development budget, approval of supplementary budget

Hafeez Shaikh says he is ready to 'offend people' to meet revenue target

Pay, pensions rise; income tax threshold slashed; FBR collection target set at Rs5.5t; 8.2% budget deficit projected