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The State Bank has announced a 2% reduction in the interest rate, bringing it down from 15% to 13%. The decision, made by the Monetary Policy Committee, follows a series of rate cuts, reducing the rate by 9% over the past six months. Experts had anticipated a 3% reduction, but the actual decrease was slightly lower.
Jamaat-e-Islami has demanded a reduction in income tax rates for the salaried class, highlighting that Rs391 billion has already been collected from them in the first nine months of the…
Pakistan’s inflation rate dropped to 0.28% in April 2025 — the lowest level in 60 years — driven by falling food, transport, and utility costs. The Consumer Price Index saw…