Banks refuse to make advance payments to FBR to meet revenue targets.

First step in reforms – replacing cars with cash allowances – has been delayed.

Retiring central bank loans, power sector reforms key hurdles.

Pakistan’s tough stance on CIA operatives, reluctance to go after Haqqani network cited as possible reasons.

In an unprecedented move, PAC held former army generals responsible for financial corruption.

Penalties, surcharges waived on payment of actual taxes by June 30.

Govt has requested more money to convert it into a conditional assistance scheme.

Revenu­es are meetin­g only one-fifth of the spendi­ng needs. Losses incurr­ed amount to Rs3 billio­n per month.

Parliament approves Rs387b in additional expenditure for the outgoing fiscal year.

Road shows limited to state of Pakistan’s economy, did not offer the bonds.