Pakistan Revenue
KARACHI: State Bank of Pakistan (SBP) on Monday decided to keep the key policy rate unchanged at 7 percent for next two months. The decision was taken after the committee of monetary policy considered economic condition in the wake of adverse impact of coronavirus. The SBP brought down the policy rate by 625 basis points […]
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KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has advised the State Bank of Pakistan (SBP) to bring down the key policy rate at 5 percent considering the prevailing situation due to coronavirus. FPCCI president Mian Anjum Nisar on Friday appreciated the SBP for slashing key policy rate by 100 basis points to […]
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KARACHI: Karachi Chamber of Commerce and Industry (KCCI) is not satisfied with one percent interest rate cut by the State Bank of Pakistan (SBP) and said it is very little reduction. Chairman Businessmen Group (BMG) and Former President Karachi Chamber of Commerce & Industry (KCCI) Siraj Kassam Teli and President KCCI Agha Shahab Ahmed Khan, […]
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KARACHI: State Bank of Pakistan (SBP) on Thursday reduced key policy rate by 200 basis points to nine percent to cushion the impact of coronavirus shock on growth and employment.
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KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Wednesday criticized the central bank for maintaining high policy rate stance.
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KARACHI: High policy rate has stifled the economic activity, resulting in dwindled profits and job cuts, this was noted in the financial results of Honda Atlas Cars (Pakistan) Limited for the period of third quarter ended December 2019.
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KARACHI: The State Bank of Pakistan (SBP) on Tuesday increased key policy rate by 100 basis points to 13.25 percent for next two months. The policy rate was announced by SBP governor Reza Baqir at a press conference here on Tuesday. The governor said that the monetary policy is announced in the month of July. […]
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