Stories from Shahbaz Rana
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$23b in foreign borrowing planned
Pakistan expects rollover of $12 billion bilateral debt
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Govt unveils record Rs1.5tr tax plan
Sweeping new taxes target non-filers, salaried individuals, and everyday goods
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World Bank greenlights $1b loan for Dasu project
The dam is a run-of-the-river project on the Indus River, and have an installed capacity of up to 5,400MW
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Agriculture shines, factories struggle
• Investment lowest in 50 years • Growth rate remained at 2.4% • Industrial sector grows mere 1.21%
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Annual tax exemptions hit record Rs3.9tr
Economic Survey reveals 73% surge in tax losses, fuelling IMF dispute amid ongoing negotiations
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Local experts challenge IMF’s tax plan with innovative reforms
Promises Rs4.1tr revenue boost in 3 years by lowering tax rates, removing exemptions
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Local experts defy IMF’s tax plan
Promise Rs4.1tr revenue boost by lowering taxes, removing exemptions
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Budget 2024-25: NEC approves Rs3.5 trillion development budget
Rs932 billion or 27% of the total national outlay will be funded by taking foreign loans
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IMF gets BISP allocation at Rs593 billion
Now there is a proposal to increase the number of beneficiaries in the range 9.6 million to 9.7 million people
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No decision on removing duty on man-made fabric
Competing forces stand in way of reducing cost of doing business