State Bank maintains interest rate at 5.75pc

State Bank maintains interest rate at 5.75pc
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Summary Large part of the economy is needed to be included in the tax base, says Governor SB

ISLAMABAD (Dunya News) – State Bank has maintained interest rate at 5.75 percent in announcement of its first monetary policy of financial year 2016-17, reported Saturday.

Governor of State Bank, Ashraf Wathra said that large part of the economy is needed to be included in the tax base.

Better law and order situation, loans of the private sector, welfare projects and China-Pakistan Economic Corridor will play vital roles in strengthening the economy.

Remittances from the expatriates have played an important part to balance the disturbance in international financial dealings.


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