KARACHI: The State Bank of Pakistan (SBP) has reduced the policy rate by 100 basis points from 9.5 percent to 8.5 percent, which will be effective from January 26.
This is the lowest interest rate in last seven years, said SBP Governor Ashraf Mahmood Wathra while announcing Monetary Policy Statement (MPS) for next two months here at a press conference on Saturday. The decision was taken during a meeting of the Central Board of Directors of SBP held under his chairmanship today, he said.
KARACHI: The government has planned a 500-megawatt floating solar power project at Keenjhar Lake in Sindh with an estimated cost...
ISLAMABAD: Electricity consumers across the country, including those served by K-Electric, may receive relief of up to Rs63.94 billion under...
ISLAMABAD: Now citizens have been given the right to suggest development schemes for their areas. As per new guidelines issued...
LAHORE: The Punjab government has started revising property valuation rates across multiple districts in an effort to attract foreign investment,...
