ISLAMABAD: Despite earlier expectations, the government has proposed only a marginal reduction in electricity base tariffs for the upcoming fiscal year 2025–26, ranging from a minimal cut of 30 paise …
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Karachi/Islamabad: The State Bank of Pakistan’s (SBP) recent decision to cut its benchmark policy rate by 100 basis points to 11% has drawn sharp criticism from Pakistan’s business community, which …
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SBP Cuts Policy Rate by 100 Basis Points to 11%
by Umar Sohailby Umar SohailKarachi/Islamabad: At its meeting today, the Monetary Policy Committee (MPC) of the SBP decided to reduce the policy rate by 100 basis points to 11 percent, effective from May 6, …
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BusinessTop Trending News
No Electricity Power Tariff Cut, IMF Blocks Govt Proposal
by Umar Sohailby Umar SohailISLAMABAD, March 24: IMF has refused to entertain government’s request to cut power tariff by Rs 8 per unit, as had been seen in media in last few days. The …