Development budget enhanced by Rs143 billion to Rs873 billion.

No major populist moves; proposed outlay only 0.6% higher than budget for outgoing year; deficit projected at 5% GDP

Finance minister says claim hurt investor sentiment, brought no benefit.

Acknowledges problems but says reforms not possible ‘right now’.

Amount is higher than foreign loans expected next fiscal year.

Half the industrial capacity remains idle.

Budget allocation soars to Rs39.2 billion in fiscal 2013.

Plans to raise Rs50 billion in additional taxes, Rs35 billion administratively.

Mobilink settles with FBR to pay only 30% of outstanding dues.

After numerous reports of misuse of cars, the Public Accounts Committee seeks report from finance ministry.