SBP Keeps Policy Rate Unchanged at 11.5 Percent

Islamabad: The State Bank of Pakistan has announced that it will keep the policy rate unchanged at eleven point five percent.

According to Radio Pakistan, SBP Governor Jameel Ahmad addressed a news conference in Karachi, where he explained that the Monetary Policy Committee observed a reduction in inflation from eleven point seven percent to eleven point one percent last month.

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Pakistan and Kuwait Agree on Enhanced Institutional Cooperation

Islamabad: Pakistan and Kuwait have reached an agreement to further institutionalize their bilateral cooperation through enhanced institutional linkages and regular high-level exchanges. This development was confirmed during a meeting between Deputy P...