Karachi: The government's serious economic policies and reforms have started delivering results. In the latest Treasury Bills auction by the State Bank of Pakistan, the interest rate has fallen below ten percent. The policy rate, which had reached a record high of twenty-two percent, has dropped below ten percent within two years. According to Radio Pakistan, economic experts assert that the decrease in the interest rate is a clear sign that domestic investors and financial institutions view the future as safer and more favorable. They believe the decrease in interest rates will also benefit the public. The reduction in interest rates is expected to foster industrial growth, attract new investments, and create more employment opportunities.
Home » Govt’s Economic Policies and Reforms Yield Positive Outcomes
Govt’s Economic Policies and Reforms Yield Positive Outcomes
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