Businessman Forum leader Ilyas Ahmad Bilour urges Pakistan's central bank to reduce the key policy rate from 22% to 12% for economic growth.
Businessman Forum leader Ilyas Ahmad Bilour criticizes 22% key policy rate, calling for reduction to 12% for business, industrial, and economic growth. Bilour says businesses struggle to repay loans at 25% interest and suggests lowering rate would help stabilize national economy, accelerate business, trade, and industrialization, and alleviate inflationary pressures. Pressure mounts on Pakistan's central bank to review interest rate amid falling inflation.
May 04, 2024
3 Articles