SBP Maintains 11.5% Interest Rate Amid Business Community Discontent
Both outlets reported that the business community expressed disappointment with the State Bank of Pakistan for keeping the interest rate unchanged at 11.5%. ProPakistani highlighted the top business body’s criticism, while Business Recorder included a specific statement from the Acting President of the Federation of Pakistan Chambers.
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Interest rate status quo disappoints business community
KARACHI: Business and industrial community has termed maintaining the interest rate at 11.5 percent as harmful to the industry and exports. Saquib Fayyaz Magoon, Acting President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), expressed his profound disappointment over the State Bank of Pakistan’s (SBP) decision to maintain status quo on its key policy rate following th...
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Business Community Angry At SBP for Not Reducing Interest Rate
Pakistan’s top business body has criticized the State Bank of Pakistan (SBP) for keeping the policy rate unchanged at 11.5… Read More The post Business Community Angry At SBP for Not Reducing Interest Rate appeared first on ProPakistani.
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