Parliamentary body stops short of recommending expulsion of Babar Awan from main economic decision-making forum.

Pakistan locks horns with international financial institutions over the mechanism for utilisation of loans.

The top auditor has found a nexus between a government agency and sugar barons.

Perishable food costs rise by 53.9% in a single year.

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.