State Bank of Pakistan Slashes Key Interest Rate
The State Bank of Pakistan (SBP) has announced a significant policy shift by cutting the interest rate by 150 basis points (bps), bringing it down to 20.5 percent. This decision, made in anticipation of the upcoming annual budget, follows recent data indicating that inflation has slowed to a 30-month low
Jazz hit by financial scam
In a startling revelation, a high-ranking official at Jazz has been accused of financial fraud and corporate malpractices, according to a report by Shahid Maitla for Bloom Pakistan. The allegations have been made by Ghazanfar Azzam, the former CEO of Mobilink Microfinance Bank Limited (MMBL). Azzam claims his removal from
