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KARACHI:It is true that Pakistan s policy rate is higher than many countries but the r
gazelle adidas uomo ate of inflation is also substantially higher, therefore, the key policy rate will not be slashed before the pace of inflation slows down, said State Bank of Pakistan (SBP) Governor Reza Baqir. Speaking at the Karachi Chamber of Commerce and Industry (KCCI) on Monday, the central bank governor linked the cut in benchmark interest rate with the drop in inflation, givingan impression that the rate may remain unchanged at 13.25% in the upcoming mo
jordan high netary policy, which would be announced on Friday. In October 2019, the inflation was recorded at 11% while the central bank has projected the rate of inflation at 11-12% for the full fiscal year 2019-20. Inflation averaged 7.34% in the previous fiscal year. The governor explained that the interest rate was decided by an 11-member Monetary Policy Committee,
nike air max95 which included members from the private sector as well. He stressed that the central bank was initiating m Yiqu Britain hits Airbnb UK with extra $2.3 million tax bill after probe
BEIRUT/RIYADH:When Saudi Arabia, the world rsquo s top oil exporter and a leading USally, took over the G20 presidency in December 2019, hopes in the kingdom were
nike af1 men high.A global summit would help rehabilitate the country on the international stage and turn the
new balance usa w
jordan mujer orld rsquo s attentions to key reforms launched by de facto ruler Crown Prince Mohammed bin Salman to open up the kingdom and diversify the economy.But instead of hoped-for photo ops in opulent palaces, this year rsquo s summit is mostly virtual due to Covid-19, dealing a blow to the prince rsquo s ambitions in a year of global economic downturn.Though circumstances are far from ideal, ldquo the show must go on, and Saudis have to make the most of the meeting, rdquo said Robert Mogielnicki, a resident scholar at the Arab Gulf States Institute in Washington.Top of the Group of 20 major economies rsquo agenda is a Covid-19 action plan and measures to stem the pandemic rsquo s impact on global economies, including debt relief for
