Stories from Shahbaz Rana
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NEPRA refuses to set tariff for controversial plant
Nepra refuses to set tariff for Naudero-II Rental Power Plant, insisting that the government has violated rules.
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No extra funding for flood relief
ADB has decided to stop problematic projects and divert up to $1.5 billion to launch rehabilitation projects.
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EU backtracks on cash pledges
European countries have decided en bloc to provide relief goods instead of giving hard cash.
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Lack of coordination costs Pakistan the IMF programme
Lack of coordination between political leadership and economic team led to the collapse of talks with the IMF.
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Provinces fail to mobilise resources
Release of provinces’ share in federal taxes has helped them avert a default.
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IMF announces $450m in emergency assistance
If approval is given by IMF's executive board, the money is likely to be disbursed this month.
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PAC gasps at revelation of Senate chiefs’ car misuse
PAC refused to condone the irregularity and asked the government to regularise the action.
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Inter-corporate debt swells
Inter-corporate debt has ballooned to Rs300 billion and authorities are considering penalising KESC.
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Ministries misuse export promotion funds
The Public Accounts Committee has also been ineffective as irregularities were pointed out by the office of the AGP.
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Funds shortage may bring clean water project to a halt
The ministry of special initiatives has immediately sought Prime Minister Yousaf Raza Gilani’s intervention.









