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sbp

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Pakistan’s economy on recovery path amid global tides: Governor SBP

  • 2 min
Governor of the State Bank of Pakistan, Jameel Ahmad, highlighted the government and SBP’s commitment to addressing macroeconomic challenges, leading to substantial improvements in Pakistan’s economy. He credited the turnaround to the government and SBP's resolve and emphasized the importance of fresh perspectives in addressing economic issues. The event also saw recognition of SBP's efforts.
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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