SBP says the country’s foreign exchange reserves fall to $13.378bn while the holdings of the commercial banks are $5.879bn.

The ToRs of the commission are to review existing revenue policies, evaluate FBR data, and propose measures for ease of doing business.

Hascol says it will hold a meeting of creditors on Dec 22 to seek approval for its plan to rehabilitate the company.

Senators stress the need for doing away with PPRA rules, saying "the country needs quality projects instead of low-cost projects."

Almost all sub-indices register double digit growth, with transport leading the pack at 44.2pc followed by food at 31.2pc.

In October, Economic Coordination Committee approved Rs31bn supplemantary grant for General Headquarters.

Revenue collection growth bewteen July and Nov is much below what govt has committed to IMF to achieve annual collection target.

Aminul Haque assures that after mechanism is devised, payment will be made to Google as per the schedule.

Cuts tariff by Rs2.15 for October and Rs7.83 for 1st quarter.