Dossier
Kashif Chaudhry
Coverage of Kashif Chaudhry in the Nexus archive.
- Policy rate pause splits stakeholders
The State Bank of Pakistan maintained its policy rate at 11.5%, drawing praise from foreign investors for providing economic breathing space but criticism from local business groups who argue it stifles industrial recovery. Stakeholders highlighted conflicting views, with OICCI supporting the decision amid improved macroeconomic conditions and FPCCI labeling it contractionary, citing elevated costs and competitiveness challenges.