Economy shows signs of recovery amid govt-military collaboration
Pakistan’s economy is showing significant signs of recovery due to the coordinated efforts of the federal government and military leadership, dispelling widespread rumors of a possible default. Moreover, positive economic developments in recent days have signaled a brighter future of growth and prosperity for the country. The State Bank of
SBP cuts key policy rate by 200bps, slashes to 17.5 per cent
The State Bank of Pakistan’s Monetary Policy Committee (MPC) has made its sharpest rate cut since April 2020, reducing the key policy rate by 200 basis points to 17.5 per cent, effective September 13, 2024. In addition, this move reflects a faster-than-expected decline in inflation, fueled by delayed energy price
