However, the finance minister recently hinted that the reduction may not exceed 300 bps. The primary argument for a substantial rate cut is to stimulate economic growth, which remains alarmingly low.... To maintain production in FY25, the industry needs to import at least five million bales of cotton.... With import restrictions in place, the sector risks further disruption, which could exacerbate the country’s economic slowdown. Published in Dawn, December 15th, 2024....

Join our Whatsapp channel KARACHI: The State Bank of Pakistan( SBP) has announced that it will

Growth expectations remain subdued, with forecasts not exceeding 3. 2pc, while the large-scale manufacturing( LSM) sector recorded negative growth during the first two months of FY25. Experts suggest that the sharp decline in inflation is the key reason behind the downward trend in interest rates.... Still, many argue that the economy requires more substantial cuts to stimulate trade and industrial activity.... Such a rate would be attractive for domestic investors and industries struggling wi

.“ There’s no need for further tightening at the moment because of the government’s fiscal policy, ” SBP

, the perils of a monetary policy that is too strict have become clear.... But these trends have only

The State Bank of Pakistan( SBP) announced on Monday an increase of 25 basis points in the

Muhammad Jawed Bilwani has urged the State Bank of Pakistan( SBP) to reduce the policy rate by 400 basis

Join our Whatsapp channel The State Bank of Pakistan( SBP) announced on Monday that it had decided

Join our Whatsapp channelKARACHI: Business leaders have called on the State Bank of Pakistan( SBP

He said that headline inflation( year-on-year) would continue to remain high for now due to the prices of commodities in the international market." But if we look forward, we are seeing that the inflation projection has reduced," he said.... The central bank governor pointed out that there had been some moderation in the indicators for economic activity such as large-scale manufacturing." LSM growth was 2. 5pc in September and was 0pc in November.... " But if you compare it to the previous mon