Close Menu
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
What's Hot

Nvidia CEO Huang to meet Chinese officials amid US tech tensions

July 10, 2025

Euro extends recovery on trade deal outlook

July 10, 2025

Hong Kong start-up IntelliGen AI aims to challenge Google DeepMind in drug discovery

July 10, 2025
Facebook X (Twitter) Instagram
Thursday, July 10
Facebook X (Twitter) Instagram
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
World Economist – Global Markets, Finance & Economic Insights
Home » FCCI president demands cut in policy rates, power tariffs – Business & Finance
Economist Intelligence

FCCI president demands cut in policy rates, power tariffs – Business & Finance

adminBy adminMay 4, 2025No Comments2 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Share
Facebook Twitter Pinterest Email Copy Link
Post Views: 60


FAISALABAD: Faisalabad Chamber of Commerce and Industry President Rehan Naseem Bharara has demanded immediate reduction in policy rates and electricity tariffs as well as elimination of unnecessary taxes on the construction sector to build the national economy on solid and sustainable foundations.

He said that due to the tireless efforts of Prime Minister Mian Muhammad Shahbaz Sharif, Finance Minister Senator Muhammad Aurangzeb and their economic team, inflation and other economic indicators are gradually improving.

He said that a new monetary policy is being announced the day after tomorrow. He said that a 4% reduction in interest rates is inevitable so that the industrial wheel can be kept moving with easy availability of capital. He said that inflation has reached the lowest rate in history at 0.28%. Thus, further reduction in electricity rates will also increase production, while valuable foreign exchange can also be earned by exporting surplus production.

He said that it is being openly acknowledged in government circles that bringing interest rates to single digits and reducing electricity rates is necessary for economic development. He said that industries in Faisalabad were closing down due to high interest rates, while a reduction in interest rates would improve industrial processes and the resumption of closed industries would help increase exports and also create new employment opportunities for the youth.

He requested to Prime Minister Mian Muhammad Shahbaz Sharif to bring electricity down to Rs 26 per unit so that the production cost of our exports is reduced and “Made in Pakistan” products can compete with their trading rivals in global markets.

Copyright Business Recorder, 2025



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
admin
  • Website

Related Posts

Economist Intelligence

OpenAI to release web browser in challenge to Google Chrome – Technology

July 10, 2025
Economist Intelligence

Intra-day update: rupee sees slight gain against US dollar – Markets

July 10, 2025
Economist Intelligence

Bulls return to bourse, KSE-100 gains over 1,000 points – Markets

July 10, 2025
Economist Intelligence

SBP selects PDs, SPDs for current fiscal year – Business & Finance

July 10, 2025
Economist Intelligence

Panda Bond: MoF makes pre-marketing initiatives – Business & Finance

July 10, 2025
Economist Intelligence

Remittances from workers at a record high – Business & Finance

July 10, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

OpenAI to release web browser in challenge to Google Chrome – Technology

July 10, 2025

Intra-day update: rupee sees slight gain against US dollar – Markets

July 10, 2025

Bulls return to bourse, KSE-100 gains over 1,000 points – Markets

July 10, 2025

SBP selects PDs, SPDs for current fiscal year – Business & Finance

July 10, 2025
Latest Posts

PSX hits all-time high as proposed ‘neutral-to-positive’ budget well-received by investors – Business

June 11, 2025

Sindh govt to allocate funds for EV taxis, scooters in provincial budget: minister – Pakistan

June 11, 2025

US, China reach deal to ease export curbs, keep tariff truce alive – World

June 11, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Recent Posts

  • Nvidia CEO Huang to meet Chinese officials amid US tech tensions
  • Euro extends recovery on trade deal outlook
  • Hong Kong start-up IntelliGen AI aims to challenge Google DeepMind in drug discovery
  • Coffee prices climb after Donald Trump threatens 50% tariffs on Brazil
  • U.S. Treasury yields: Trump’s trade war intensifies

Recent Comments

No comments to show.

Welcome to World-Economist.com, your trusted source for in-depth analysis, expert insights, and the latest news on global finance and economics. Our mission is to provide readers with accurate, data-driven reports that shape the understanding of economic trends worldwide.

Latest Posts

Nvidia CEO Huang to meet Chinese officials amid US tech tensions

July 10, 2025

Euro extends recovery on trade deal outlook

July 10, 2025

Hong Kong start-up IntelliGen AI aims to challenge Google DeepMind in drug discovery

July 10, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Archives

  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • June 2024
  • October 2022
  • March 2022
  • July 2021
  • February 2021
  • January 2021
  • November 2019
  • April 2011
  • January 2011
  • December 2007
  • July 2007

Categories

  • AI & Tech
  • Asia
  • Banking
  • Business
  • Business
  • China
  • Climate
  • Computing
  • Economist Impact
  • Economist Intelligence
  • Economy
  • Editor's Choice
  • Europe
  • Europe
  • Featured
  • Featured Business
  • Featured Climate
  • Featured Health
  • Featured Science & Tech
  • Featured Travel
  • Finance & Economics
  • Health
  • Highlights
  • Markets
  • Middle East
  • Middle East & Africa
  • Middle East News
  • Most Viewed News
  • News Highlights
  • Other News
  • Politics
  • Russia
  • Science
  • Science & Tech
  • Social
  • Space Science
  • Sports
  • Sports Roundup
  • Tech
  • This week
  • Top Featured
  • Travel
  • Trending Posts
  • Ukraine Conflict
  • Uncategorized
  • US Politics
  • USA
  • World
  • World & Politics
  • World Economy
  • World News
© 2025 world-economist. Designed by world-economist.
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.