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Economists urge SBP to hold rate at 11.5%

[ Core inflation stays above 8% as PIDE report warns of oil price shock, external risks KARACHI: With inflation cooling but still refusing to settle, and an uneven economic recovery leaving little room for another monetary squeeze, economists have recommended that the State Bank of Pakistan (SBP) keep its policy rate unchanged at 11.5% at … Read more

Fruit bagging attracts buyers

[ CREDIT LINE: The minister emphasised that institutions such as the Exim Bank of Pakistan should provide greater financial support to clusters of cottage industries and small-scale processors, enabling them to adopt modern technologies. PHOTO:FILE ISLAMABAD’: Pakistan’s fruit bagging programme has received encouraging feedback from premium international markets in the wake of enhanced quality and … Read more

Pak committed to regional peace: interior minister

. ISLAMABAD: Pakistan reaffirmed its commitment to regional peace and economic growth as Interior Minister Mohsin Naqvi met with British House of Lords member Lord Zamir Choudrey in Islamabad, where both leaders discussed regional stability and investment opportunities. During the meeting, Lord Zamir Choudrey praised Pakistan’s efforts to promote peace in the region, commending the … Read more