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Benefits of lower interest rates and fuel prices

Benefits of lower interest rates and fuel prices

Central banks around the world have slashed interest rates, though perhaps none as aggressively as State Bank of Pakistan (SBP). According to a recent report by Bloomberg, Pakistan has cut its interest rates the most this year, out of a survey of nine countries, including the US, Peru, South Africa, Turkey and Ukraine. Coronavirus has created ‘unique’ challenges for a monetary policy due to its non-economic origin. In last three …

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Import of mobile phones grow by 79.46pc in 7m fy2020

Import of mobile phones grow by 79.46pc in 7m fy2020

World it is said, has become a worldwide village and this is because of prompt, easy and accessible communication. Everywhere telecom segment has altered the shape of communication and this is a hot issue presently in Pakistan. According to the statistics published through Pakistan Bureau of Statistics (PBS), Pakistan imported mobile phones worth $760.582 million during July-January (2019-20) as against to $423.818 million during July-January (2018-19), explaining a growth of …

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