Finance minister notes ‘room for’ lowering interest rate by end of year
Islamabad:Finance Minister Muhammad Aurangzeb said on Wednesday that there was room for lowering the monetary policy rate by the end of this year.After slashing the interest rate by 1,000bps from 22 per cent since June 2024 in seven intervals, the State Bank of Pakistan (SBP) has maintained it at 11pc since May. However, the business […]