Stories from Shahbaz Rana
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World Bank cancels $250m emergency relief loan
Decision comes as the bank, Pakistan fail to agree on macroeconomic framework
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Pakistan may soon clear K-Electric’s sale
Abraaj Group likely to get clearance certificate after making major concessions
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CPEC size to stay at $50 billion for now
JCC meeting to take place on Dec 20 in Beijing
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Exchange rate, monetary policy to stay stable in short run
Oil credit facility from Saudi Arabia will start next month
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Slim chance of obtaining IMF bailout by Jan 15
Umar, Finger make first visual contact; IMF wants Pakistan to adopt steeper measures
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Pakistan’s debt and liabilities surge to Rs31 trillion
Burden may grow in coming months due to rupee depreciation, interest rate hike
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Clock ticking on FATF action plan implementation
10 out of the 27 listed actions must be fulfilled by January
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World Bank asks Pakistan, India to trade more via land
Identifies tariffs and para-tariffs, non-tariff barriers, connectivity costs and trust deficit as major hurdles
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Consumer Price Index: Inflation slows down to 6.5% in Nov
Pace eases despite inflationary expectations, rise in oil prices
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Govt slashes non-salary budget by 10%
Move likely to help save Rs10 billion but will not address core fiscal problems









