The All Pakistan Textile Mills Association (APTMA) has formally requested the Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) to reduce the interest rate by 400 basis points. APTMA argues that such a significant rate cut is essential for invigorating the textile sector, which is currently grappling with economic pressures and competitive […]
Read MoreAPTMA Requests 400 Basis Points Interest Rate Cut from SBP’s MPC.
on 03/09/2024