Stories from Shahbaz Rana
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Sindh opposes rushed approval of Rs1.1tr canal network package
Tensions rise over concerns on water shares as Centre pushes controversial proposal
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Hesco, Gepco privatisation okayed
CCoP increases Privatisation Commission budget by Rs2.2b or 175%
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Cabinet okays PIA restructuring
Directs special panel to iron out differences over impact of airline’s bifurcation
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IMF tepid to interim govt proposals
Lender questions govt haste on PIA, circular debt schemes
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Industrial subsidies burden may be cut by 91%
Plan will increase burden on consumers using over 400 units by 41% or Rs22 billion
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SIFC pushes for IMF nod on Rs1.27t energy debt
Energy ministry proposed settling the debt without increasing tariff and without having any impact on budget
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Trade deficit shrinks to $13.1b
$6.4 billion cut in deficit now equals 78% of existing foreign exchange reserves
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Wheat subsidy for 40% G-B population goes
ECC decides to recover additional Rs17b from domestic gas consumers to subsidise fertiliser plants
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PIA debt burden shifted to taxpayers
Govt backtracks; agrees to making principal, interest payments from budget
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Caretakers also leave double-digit inflation
Jan inflation stands high at 28.3%, in line with finance ministry’s projection









