Web Desk
According to recent reports, the Finance minister has assured IMF that they will increase the Interest rate Both parties have mutually agreed to enhance the policy rate for the current year.
According to resources Pakistan is going to increase by about 2% in the policy rate. All these steps are being taken to ensure the bailout package from IMF which is lingering due to strangling economy. Though there are some issues still unsettled about the development and recoveries in Power sector but they are under discussion and hope to be resolved soon.
Also Read: Pakistan Bags Worth 1 Billion Dollars Deal with Uzbekistan
