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  • Monetary policy: SBP leaves policy rate on hold at 9.75%

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    [ad_1] State Bank of Pakistan Governor Reza Baqir addressing a press conference on January 24, 2022. — YouTube screengrab KARACHI: State Bank of Pakistan (SBP) Governor Reza Baqir announced Monday that the monetary policy has been maintained at 9.75% for the…

  • Monetary policy to be announced today

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    [ad_1] State Bank of Pakistan. — APP/File KARACHI: The State Bank of Pakistan (SBP) is expected to keep the policy interest rate unchanged at 9.75% for the next two months in view of the country’s economic situation, higher inflation reading,…

  • Auto Policy 2021-26: Sales tax slashed on local electric vehicles

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    [ad_1] File photo ISLAMABAD: The government on Wednesday announced a new Auto Industry Development and Export Policy (AIDEP 2021-26) under which sales tax on local electric vehicles (EVs) has been slashed from 17% to 1%. The policy aims to promote…

  • SBP increases policy rate by 100bps to 9.75%

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    [ad_1] Building of State Bank of Pakistan in Karachi. — AFP/File KARACHI: In a bid to counter inflationary pressures and to ensure that growth remains sustainable, the State Bank of Pakistan (SBP) on Tuesday announced an increase of 100 basis…

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