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Businesspeople say any hike in policy rate to hit businesses
PESHAWAR: Members of the business community while highlighting the potential impacts of lowering the key policy rate on economic growth, expressed fear the likely surge in interest rate by the State Bank of Pakistan, would push business and industrial activities to further downward and may also generate high risk of job loss and jeopardize the ongoing efforts to put the national economy on a path of stability, prosperity and progress. Businessmen attached with diverse sectors while commenting on the current state of the economic conditions ahead of the SBP’s key monetary policy meeting, being ...
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