Karachi, November 19, 2019: In the last Monetary Policy announcement, they kept the interest rate unchanged at 13.25 percent, is little chance for downward change in the interest rate in the forthcoming Monetary Policy. Ateeq Ur Rehman (Economic & Financial Analyst) requested for reduction in the interest rates. He said that the hike in interest rate…
Karachi, September 13, 2019: While most of the analysts are expecting status quo in upcoming monetary policy, analysts at Arif Habib Limited are seeing some 24 basis points cut in interest rate. The State Bank of Pakistan (SBP) is scheduled to announce its monetary policy on September 16, 2019. “We expect the central bank to…
Islamabad, August 15, 2019: Foreign Minister Shah Mehmood Qureshi Thursday terming the upcoming meeting of UN Security Council on Jammu and Kashmir as Pakistan’s big success at the diplomatic front said the situation had landed India in utmost panic. Talking to reporters here, the Foreign Minister said the racist policies of Indian prime minister Narendra…
Islamabad, June 11, 2019:The Gross Domestic Product (GDP) is expected to pick up and grow at 4 percent during the upcoming fiscal year 2019-20, with contribution of 3.5 percent from agriculture, 2.3 percent from Industry and 4.8 percent from services sector, according to Annual Plan 2019-20 released by the government here Tuesday. According to the…