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Cash-strapped Pakistan‘s central bank has revealed the country is scheduled to repay a total of USD 30.35 billion in maturing foreign debt and interest payments in 12 months (August 2024 to July 2025) including those significant loans which bilateral creditors roll over every year.The State Bank of Pakistan (SBP) data, cited by a JS Global […]
The State Bank of Pakistan (SBP) reduced its policy rate by 200 basis points to 17.5% on Thursday, as headline and core inflation saw a sharper-than-expected decline over the last two months. The rate cut will be effective from September 13, 2024. The Monetary Policy Committee (MPC) of the SBP attributed this decision to falling […]