State Bank moratorium on consumer loans’ principle

Achieving the real GDP growth target of 4% appears unlikely, says SBP

The State Bank of Pakistan (SBP) on Monday said during the first quarter of current fiscal year FY-20, Pakistan’s economy moved progressively along the adjustment path. However, inflation reached the highest level during the last seven years in the SBP. The central bank in its report said Pakistan’s economic growth was unlikely to meet the target of four per cent

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