Uncertainty gripped the country after the budget. Economic indicators deteriorating: Mian Zahid Hussain Karachi, July 17, 2019: President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain on Wednesday said the country is in grip of…
Karachi, July 15, 2019: The State Bank of Pakistan (SBP) is scheduled to announce its monetary policy on Tuesday, July 16, 2019. Arif Habib Research is expecting the central bank to increase its policy rate by 100bps to 13.25 percent. The primary reason for this increase in the policy rate, in our view, is to…
Recent gas price hike a record in the last ten years: Ghiyas Paracha Raise unacceptable, the Government should resolve the issue through consultation. Karachi, July 01, 2019: The All Pakistan CNG Association on Sunday said notification for a 31 percent hike in the tariff of gas has been issued which will translate into an increase…
Karachi, May 29, 2019: Pakistan Weaving Mills Association’s Chairman, Yousuf Yaqoob has expressed his dismay over the spike in SBP Policy Rate from 6.0 percent to 12.25 percent by 150bps since January 2018 when the State Bank began raising interest rates, it has more than doubled, making this one of the sharpest cycles of monetary…