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Gohar Ejaz criticises SBP for keeping policy rate at 11%, calls decision a blow to businesses

Gohar Ejaz criticises SBP for keeping policy rate at 11%, calls decision a blow to businesses

Former caretaker finance minister and leading businessman Gohar Ejaz has strongly criticised the State Bank of Pakistan’s Monetary Policy Committee (MPC) for maintaining the policy rate at 11%, saying the decision has placed an unfair burden on taxpayers and is stifling private sector growth.

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