Stories from Shahbaz Rana
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IDB activates $4.5b credit facility for Pakistan’s oil imports
This financing is expected to stabilise rupee-dollar exchange rate
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China agrees to give $2b loan to Pakistan
Inflow to ease pressure on foreign currency reserves
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For PTI, walk on tightrope ahead, suggests Moody's
It says plan to increase social spending and reduce tax amid need for tighter monetary and fiscal policies will clash
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Crisis severe, no option to be ruled out, says Asad Umar
IMF bailout option on the table; Pakistan faces mammoth task in arranging $11b for FY19
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Pakistan receives less than projected loans from World Bank
Slow progress on projects means it fails to benefit from concessionary financing window
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Nearly half of export receipts come from just six countries
Goods' shipments from Pakistan to almost all regions record increase in FY18
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Bulk of Chinese financing goes to three CPEC projects
These are on eastern route; other projects are way behind deadlines
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Despite no need, finance ministry plans to set up macroeconomic unit
Already half a dozen offices are working; aim is to make better projections
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IMF, finance ministry way off on Pakistan’s economic misery
Failure to make accurate forecasts puts question mark over capability of both institutions
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Pakistan’s borrowing soars to record high at $11.4b
Mounting debt, steep decline in reserves reasons behind heavy reliance on external creditors









