Punjab Launches Interest-Free Loan Scheme to Boost Entrepreneurship LAHORE – In a major step to support small businesses and encourage self-employment, the Punjab government has rolled out the Asaan Karobar Finance Scheme, offering interest-free loans to aspiring and existing entrepreneurs. The initiative is designed to promote job creation and strengthen the province’s economy by ensuring […]
Experts think that Pakistan’s Monetary Policy Committee (MPC) may lower the interest rate by 0.5% to 1%. This is because inflation is going down and the economy is improving. Right now, the interest rate is 11%, which is much lower than the 22% it was last year. In June 2025, inflation dropped to 3.2%. For […]
The State Bank of Pakistan (SBP) in a press statement stated that its Monetary Policy Committee (MPC) will meet today, to decide on the Monetary Policy. The MPC will review the overall economic and financial situation, major indicators, data of different sectors, and major developments taken place since the announcement of the previous monetary policy. […]
Zubair Motiwala, Businessmen Group (BMG) leader has urged the authorities to cut the markup rate down to 14.5 percent from the current 19.5 percent interest rate in the coming monetary policy. “Moody’s has also categorized the insecure loans to CAA2”. KCCI has said that inflation has dropped to the lowest level of 9.6 percent in […]
The central bank said in a statement it had set an interest rate of 0.25 percent — up from around zero to 0.1 percent — having ditched its maverick negative rate policy aimed at boosting economic growth in March. Its decision, announced after a two-day policy meeting, caused the yen to surge briefly before weakening […]