Govt increases deficit target to 7.6% due to power subsidies, tax shortfall.

PC considering sending back unapproved schemes to sponsoring ministries.

When a record heat wave comes amidst a record power crisis, the result is misery.

Proposal to widen tax base and increase documentation shelved.

Pakistan to repay IMF $383m today from fast falling foreign currency reserves.

Sartaj Aziz says Senate might cause delay in giving the budget a final shape.

A quarter of public sector financing will come from foreign lenders.

Major General Mohammad Arif Raja to keep his current post despite doffing the uniform.

Top auditor is illegally getting 20% special pay or Rs17,140 per month in addition to his normal salary.

Government’s overspending surpasses 5.6% of national output.