May 28, 2021
The interest rate policy is the much-awaited occasion for those who have bucks, who want to borrow/return bucks and those who have no bucks at all. The Monetary Policy Committee (MPC) of the State Bank of Pakistan said on Friday that the policy rate would remain at 7% for the next two months.
According to the statement, the MPC has been heartened by an upward revision in the FY21 growth prediction to 3.94 percent since its last meeting in March. “The MPC noted that this confirms the strength of the broad-based economic rebound underway since the start of the fiscal year, on the back of targeted fiscal measures and aggressive monetary stimulus,” it said.
LAHORE: Chainstore Association of Pakistan has made it mandatory for all its members to get their workers vaccinated to keep the economy moving and continue working in their respective brandsCAP.
Inclusion of Pakistan in Amazon sellers list welcomed thenews.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenews.com.pk Daily Mail and Mail on Sunday newspapers.
Smuggled low-priced Iranian goods provide some relief to consumers amid high rates of local and imported items. Dawn/File
KARACHI: Smuggled low-priced Iranian goods provide some relief to consumers amid high rates of local and imported items.
A huge potential for Iranian products – particularly packaged food and confectionery items – exists in Pakistan. However, sanctions on Iran by the United States coupled with lack of banking channels and other trade bottlenecks are the main hurdles in boosting legal trade between Iran and Pakistan.
Stakeholders also appear a bit reluctant about revealing whether the arrival of Iranian goods is via legal or illegal channels.
Big retailers step up to launch mass Covid jab drive with govt thenews.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenews.com.pk Daily Mail and Mail on Sunday newspapers.