Disagreement persists over ‘irrational demand’ for high taxes on salaried class

Chief ministers of all four provinces are also the constitutional members of the NEC

Proposal has potential to add hundreds of billions of rupees to tax receipts

Higher amount of lending comes with tougher conditions

Promulgates ordinance that empowers govt to remove independent directors of SOEs

IMF demands signing National Fiscal Pact and further electricity price hikes

Loan will help govt drive infrastructure investment via public-private tie-up

Considers whether to scrap 15% tax on banks or collect more

Some $11 billion pledges made in the Geneva Conference for the flood-affected population

Drops to 11.8%, prompts speculation about key rate adjustments