KARACHI: Pakistan’s business community has delivered mixed reactions to the State Bank of Pakistan’s decision to maintain the policy rate at 11.5 percent.
Some business representatives welcomed the decision as a sign of monetary stability, while others argued that further reductions are needed to encourage investment, industrial activity and economic expansion.
The interest-rate decision comes at a challenging time for Pakistan, with businesses facing elevated financing costs while the country simultaneously seeks stronger economic growth and greater investment.
Why it matters: Interest rates directly influence business borrowing, investment, consumer financing and economic activity.
