Policy rate pause splits stakeholders
Overseas Investors Chambers of Commerce and Industry (OICCI) Secretary General M Abdul Aleem views SBP’s decision as prudent and balanced, reflecting improved macroeconomic conditions while acknowledging that inflation and external risks remain elevated. The pause provides breathing space for businesses, especially as private sector credit is picking up and economic activity showed signs of recovery in June, including in automobiles, cement, fertiliser offtake and business sentiment, he said. However, inflation at 11.1pc in June remains above the 5-7pc target range, while risks from global commodity prices, Middle East tensions, food prices and possible fiscal slippages require caution, he added.
- ▪Overseas Investors Chambers of Commerce and Industry (OICCI) Secretary General M Abdul Aleem views SBP’s decision as prudent and balanced, reflecting improved macroeconomic conditions while acknowledging that inflation and external risks re
- ▪The pause provides breathing space for businesses, especially as private sector credit is picking up and economic activity showed signs of recovery in June, including in automobiles, cement, fertiliser offtake and business sentiment, he sai
- ▪However, inflation at 11.1pc in June remains above the 5-7pc target range, while risks from global commodity prices, Middle East tensions, food prices and possible fiscal slippages require caution, he added.
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| Original publisher | Dawn |
| Canonical URL | https://www.dawn.com/news/2018929/policy-rate-pause-splits-stakeholders |
| Publication time | Tue, 28 Jul 2026 08:09:59 +0500 |
| Retrieval time | 2026-07-28T03:18:25.216Z |
| Last seen | 2026-07-28T03:18:26.105Z |
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Policy rate pause splits stakeholders Aamir Shafaat Khan Published July 28, 2026 Email Your Name*Recipient Email*Cancel 0 This photo shows the State Bank of Pakistan Museum building in Karachi. — APP/File Listen to article 1x 1.2x 1.5x comments Join our Whatsapp Channel Add Dawn as a trusted source KARACHI: While foreign investors appear satisfied with the State Bank of Pakistan’s decision to keep its policy rate at 11.5 per cent, local businessmen have criticised the cautious approach, which they believe will stifle economic activity and hinder access to finance.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Dawn.
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