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Think tank EPBD advocates for reduction in Pakistan’s interest rate
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Think tank EPBD advocates for reduction in Pakistan’s interest rate
ISLAMABAD: The Economic Policy and Business Development (EPBD), economic think tank, has recommended an immediate reduction in the policy interest rate from the current 11 percent to 9 percent to support post-flood recovery of the agriculture and industrial sectors. The think tank said Pakistan’s agriculture sector had been severely damaged by the recent floods, and industrial growth must now play a vital role in stabilizing the economy. “The go…
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