Pakistan's Central Bank Policy Rate Pause Divides Stakeholders

Pakistan's central bank has maintained its key policy rate at 11.5%, a decision that has satisfied foreign investors but drawn criticism from local businessmen who believe it will hinder economic activity.

28 Jul, 03:09 — 28 Jul, 03:09

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DawnMostly Factual34d ago

Policy rate pause splits stakeholders

KARACHI: While foreign investors appear satisfied with the State Bank of Pakistan’s decision to keep its policy rate at 11.5 per cent, local businessmen have criticised the cautious approach, which they believe will stifle economic activity and hinder access to finance. Overseas Investors Chambers of Commerce and Industry (OICCI) Secretary General M Abdul Aleem views SBP’s decision as prudent and balanced, reflecting improved macroeconomic conditions while acknowledging that inflation and ext...

By [email protected] (Aamir Shafaat Khan)

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Coverage Timeline

First report: channel-news-asia · 27 Jul, 11:12|Full coverage: 2 · 16h|Window: 16h

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channel-news-asia27 Jul, 11:12First to report

Pakistan's central bank holds key policy rate at 11.5%

16h later

Dawn28 Jul, 03:09Latest update

Pakistan's Central Bank Policy Rate Pause Divides Stakeholders

Sources

Policy rate pause splits stakeholders

Coverage Timeline

Pakistan's central bank holds key policy rate at 11.5%

Policy rate pause splits stakeholders

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