Stories from Shahbaz Rana
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Pakistan has borrowed $1.4b during July-September
Foreign banks remain largest source of loans, 3 lenders contributed 80% of borrowings
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NAB’s help being sought to see how $8b were ‘invested’ in Dubai
NA panel wants anti-corruption watchdog to contact UAE authorities and seek information about Pakistanis investment
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Over 1,000 projects face delays and cost overruns: PAC
Federally-funded schemes worth Rs7.9tr behind schedule due to ill-planning, carelessness
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FBR banks heavily on withholding taxes to meet revenue target
Of Rs756b collected in 1QFY18, Rs707b were collected through indirect taxes
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$16.6b of cheap project loans remain unutilised
Long gestation periods, inefficiency lead to delay in release of funds
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Domestic debt continues to mount, reaches Rs15.4tr
Share of short-term loans increases to half of total borrowing
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Govt considers action against banks to gain access to data
To enhance tax base, FBR seeks information about account holders; banks refuse
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Govt takes $450m loan to prop up sliding forex reserves
This is the third commercial loan Pakistan has acquired from Credit Suisse in the past five months
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CDWP clears Rs178 billion Malakand Tunnel project
Tunnel will link Mardan, Malakand and Chitral; serve as a trade route with Central Asia
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For 10 years, FBR fails to analyse data of telecom firms
DG says FBR has now overcome constraints, improved its system
