According to Prime Minister Shehbaz Sharif, lowering the policy rate will boost exports, economic ventures, and job prospects in the country.
He stated Pakistan’s economy is stabilising while presiding over a PML-N Parliamentary Party meeting in Islamabad today (Monday). According to him, the policy rate was lowered by 250 points by the State Bank of Pakistan. He stated that it is welcome that the policy rate was lowered from 17.5% to 15% after the 250-point drop.
According to the prime minister, the country’s economy is stable, as evidenced by the national and international organisations, and inflation has decreased from 38% to 7%.
Shehbaz Sharif claimed that the evil plans of those who seek to sow discord were foiled.