Economy

State Bank Pakistan decreases interest rate by 200bps today

By Invest92Posted on September 12, 2024Posted in Economy, NewsNo Comments

State Bank Pakistan (SBP) has decided to cut its policy rate by 200bps as per the decision taken in the MPC meeting on Thursday 12 September 2024. The cut in policy rate was being eagerly awaited by stakeholders due to the following positive news on the economic front: This cut bodes well for the Pakistani […]

Pakistan set to greenlight Privatization for current FY-2025

By Invest92Posted on August 2, 2024Posted in EconomyNo Comments

The Cabinet Committee on Privatisation (CCoP) is scheduled to meet on Friday (Aug 2 2024) to approve Privatisation Programme 2024-25, besides transfer of 322,640.900 shares of OGDCL to Petroleum Division or Pakistan Sovereign Wealth Fund (PSWF) The CCoP is set to approve 24 SOE (State Operated Enterprises) for privatization. This is in line with one […]