Employers Federation lauds cut in policy rate

KARACHI: Ismail Suttar, President Employers Federation of Pakistan (EFP) has lauded cut in policy rate and commended efforts by State Bank (SBP) of continuing to maintain credit flow and liquidity for manufacturers and SMEs as reflective in its recent policy rate cut of 100 basis points down to 8 percent…. Continue reading

State Bank of Pakistan has kept key policy rate unchanged at 5.75 percent.

KARACHI: The average inflation clocked in at 3.9 percent during the first half of the year, lower than the earlier projections due to smooth supply of perishable items, stable exchange rate, and government’s absorption of the impact of higher international oil prices. The current trends suggest that the actual inflation… Continue reading