January 25, 2022

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Pakistan Revenue

Tag: policy rate

Korangi Association flays key policy rate hike
Dec 16
Trade & Industry

Korangi Association flays key policy rate hike

KARACHI: Salman Aslam, President, Korangi Association of Trade and Industry (KATI), has expressed concern over one percent increase in interest rates. He said that further increase in monetary policy by SBP to 9.75 per cent would result in more inflation. President Salman Aslam said that the government was trying to control inflation by raising interest […]

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SBP maintains key policy rate at 7% State Bank of Pakistan
Jul 27
Money & Banking

SBP maintains key policy rate at 7%

KARACHI: The State Bank of Pakistan (SBP) on Monday kept the policy rate unchanged at 7 per cent for next two months. The SBP said that at its meeting on July 27, 2021, the Monetary Policy Committee (MPC) decided to maintain the policy rate at 7 percent. Since its last meeting in May, the MPC […]

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Poll suggests no change in key policy rate
Mar 16
Money & Banking

Poll suggests no change in key policy rate

KARACHI: The State Bank of Pakistan (SBP) on Tuesday said it will issue monetary policy statement on Friday March 19, 2021. A poll suggested that the central bank likely to keep policy rate unchanged at 7 percent. However, some participants polled the policy rate might be increased by 25 basis points to 50 basis points […]

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KCCI demands policy rate at 4 percent
Apr 22
Trade & Industry

KCCI demands policy rate at 4 percent

KARACHI: Karachi Chamber of Commerce and Industry (KCCI) on Wednesday demanded the central bank to reduce policy rate to 4 percent instead easing in bits and pieces. KCCI President Agha Shahab Ahmed Khan in a statement urged the State Bank of Pakistan (SBP) to bring down the policy rate from 9.0 percent to 4.0 percent […]

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