WB says Tax Administration Reforms Project finally shows progress and it is ready to extend it till December 2011.

The International Monetary Fund expresses concern over the proposed phase-wise implementation of tax reforms.

Pakistan is facing an unprecedented shortage of 7.6 million housing units reveals a latest World Bank report.

International community forwards half a dozen questions before it can give billions of dollars for reconstruction.

One-fifth of the amount is evaded by 38 individuals hailing from Karachi.

Experts say evasion on this scale is not possible without the connivance of the Federal Board of Revenue.

The government will bridge the gap between the cost of generating electricity and end-consumer prices.

Panel says amount would just pay salaries for July-Sept.

After disbanding Pepco, the government partially unveils the second leg of power sector reforms prescribed by donors.

AGP observes that policy to meet the energy shortfall was launched in haste and is likely to fail in its objectives.