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Summary
State Bank of Pakistan (SBP) has announced the monitory policy for the next two months and has kept the interest rate unchanged, Dunya News reported Saturaday.Talking to a press conference, SBP governor Shahid Kardar said that the country is facing many challenges especially financial crunch. He said that inflation was hitting the poor adding that there was reduction seems in inflation in near future. He stated that stable prices of crops were helping the economy but the subsidy was increased due to decrease in POL prices. He said that government loans were decreased and reduced to Rs 120 billion from Rs 323 billion.
