Stories from Shahbaz Rana
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Trade deficit contracts 30% in Jul-Feb FY24
PBS, commerce ministry release contrasting trade figures
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Inflation drops to 16-month low
23% slowdown in inflation prompts hope for potential interest rate adjustments
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Income tax filers drop 35%
Interim govt misses crucial monthly target as FBR fails to expand tax base
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Akhtar urges early IMF deal
Calls public debt unsustainable which is at heart of economic challenges
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China agrees to rollover $2b debt on existing terms
Beijing had initially sought a hike in interest rate
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Govt says IMF conditions for $1.2b tranche met
Power sector debt keeps piling up despite frequent increases in electricity tariff
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Dues to Chinese IPPs hit record $1.8b
Outstanding dues up by 77% in seven months, complicating ties with Beijing
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Austerity measures reintroduced
PM bans creating new positions, making any major purchases amid economic strain
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Ineligible hiring at Exim bank
Officials say incumbent CEO did not meet eligibility criteria at time of appointment
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Budget deficit increases to Rs8.54tr
Cuts external loan estimates by over $6 billion to $11.4 billion