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

China’s military mouthpiece warns of ‘moral pitfalls’ of humanoid fighters

July 10, 2025

Elon Musk launches xAI’s updated chatbot, Grok 4, after antisemitism controversy

July 10, 2025

India’s options market faces a reality check

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 » FPCCI calls for drastic cut in markup rate – Business & Finance
Economist Intelligence

FPCCI calls for drastic cut in markup rate – 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: 36


PESHAWAR: Vice President of the Federation of Pakistan Chambers of Commerce and Industries (FPCCI), Aun Ali Syed, has called for drastic cut in the discount rate, urging the State Bank of Pakistan to bring the policy rate down to single digits to boost industrial growth and reduce unemployment.

In a statement issued here on Saturday he emphasized that the prevailing economic conditions are fully conducive reduce the markup rate to a single-digit figure. He stated that lowering the interest rate is the need of the hour, as it would increase money circulation in the economy.

Syed noted that economic indicators are moving in a positive direction, with a noticeable decline in inflation, creating a favourable environment to reduce the policy rate. “This is the high time to bring the interest rate down to single digits,” he said, adding that doing so would enhance industrial production and generate employment opportunities through increased monetary flow from the banks.

He further asserted that the State Bank has sufficient room to lower the policy rate to 7 percent and urged the central bank to announce a major cut in the interest rate during its upcoming meeting on May 5. “The benefits of reduced inflation must be passed on to the common man,” he concluded.

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

  • China’s military mouthpiece warns of ‘moral pitfalls’ of humanoid fighters
  • Elon Musk launches xAI’s updated chatbot, Grok 4, after antisemitism controversy
  • India’s options market faces a reality check
  • OpenAI to release web browser in challenge to Google Chrome – Technology
  • Yen keeps recovering after remarks by Japanese officials

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

China’s military mouthpiece warns of ‘moral pitfalls’ of humanoid fighters

July 10, 2025

Elon Musk launches xAI’s updated chatbot, Grok 4, after antisemitism controversy

July 10, 2025

India’s options market faces a reality check

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.