Exit from the IMF programme and widening deficits characterise the outgoing year.

Riyadh is the only one among country’s ‘friends’ that has met promise.

$300 million project loan being discussed despite severe problems in the preceding programme.

Loans will be for urea import, development projects in Malakand, Waziristan.

Gilani doles out 68% of annual budget in just five months to keep allies content.

Seeks freeze on interest payments, PM’s approval to sell lands and retire debts.

Highlights risks to the country’s macroeconomic stability.

Move aimed at strengthening bilateral trade and investment.

Commerce secretary says local exporters will get level playing field.

Government gave civil servants from grade 20 to 22, option to purchase cars allocated to them on depreciated prices.