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Turkey central bank keeps key interest rate unchanged

  • 2 min
Turkey's central bank has maintained its key interest rate at 50 percent for the second consecutive month, despite the country grappling with surging inflation. The bank remains vigilant of inflation risks and is poised to tighten monetary policy if needed. The government has also announced a three-year austerity plan to curb public spending and combat inflation.
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This country shows interest to run Islamabad airport

  • 3 min
The Civil Aviation Authority (CAA) is accelerating the outsourcing process of Islamabad International Airport, with Turkey expressing interest in the plan. Investors from various countries and local groups have also shown interest in outsourcing Pakistan's three major airports. The government is actively engaging with interested parties to facilitate the privatisation process.
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SBP holds interest rate at 22pc

  • 1 min
The State Bank of Pakistan (SBP) has decided to maintain its benchmark interest rate at 22 percent. The Monetary Policy Committee (MPC) made the announcement after noting higher than anticipated inflation due to a gas price hike. However, the MPC also considered offsetting factors such as a recent decrease in international oil prices and improved agricultural output. - Khabristan.PK
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As the ICC World Cup 2023 approaches, there’s been a surge in interest from cricket fans worldwide for tickets to the highly anticipated India vs Pakistan match.

  • 1 min
As the ICC World Cup 2023 draws near, cricket enthusiasts worldwide are displaying heightened interest in securing tickets for the eagerly awaited India vs. Pakistan match. The initial ticket sales for this fixture on both August 29 and September 3 witnessed a remarkable occurrence as they sold out within a mere hour.