200 bps decrease in policy rate provides govt Rs1tr cushion: Pasha

Former financing minister and noteworthy economist Hafeez Pasha on Thursday stated the decrease of 200 basis points by the State Bank of Pakistan will offer the federal government financial space of as much as Rs1 trillion, which would allow it to handle hard times of coronavirus pandemic. Speaking on 92 News TELEVISION programme hosted by […]

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SBP’s rate cut will not help improve economy: Hafeez Pasha

Former financing minister Dr Hafeez Pasha has stated the State Bank of Pakistan (SBP) has not cut the policy rate keeping in view the nation’s real financial circumstance and the coronavirus crisis. He stated it appeared that the main bank’s focus to improve bad financial outlook of the nation was even below acceptable, as its […]

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