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Strong criticism of UBG leaders for maintaining interest rate at 22 percent

Karachi , January 30, 2024: The industrial sector has criticized the central bank for maintaining the policy rate at 22 percent, saying it is unaffordable for industries and will lead to closures and new investment. Representatives of the United Business Group(UBG) expressed disappointment, saying they had expected some cuts, which would have helped the industry…

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