Karachi President of FPCCI – country’s apex body – Mr. Irfan Iqbal Sheikh, has categorically apprised the government that the entire business, industry and trade community of Pakistan has refused to accept a key policy rate of 21 percent
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SITE President Rejects Exorbitant Increase in Policy Rate by SBP
The MPC of SBP has dropped the premium bomb by lifting the approach rate to 20% which will build the KIBOR market to 22-23%, making it inconceivable for the organizations to acquire cash from the financial framework. Other than raising a ruckus around town Industry and Exchange, the Product business will likewise be delivered uncompetitive whose renegotiate conspire is under danger
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