1. #1

    Post Heavy govt debts causing price hike: SBP

    KARACHI: The State Bank of Pakistan (SBP) has kept the key policy rate unchanged at 12 percent on the concerns of a further rise in inflation in the coming months due to substantial government borrowing."Despite moderate aggregate demand, pressure on the rupee liquidity is likely to continue due to uncertain foreign inflows and substantial government borrowings to finance the fiscal deficit. Moreover, inflationary pressures have not eased significantly," said Yaseen Anwar, Governor, State Bank, ... more

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