Islamabad, January 27, 2025: Prime Minister Shehbaz Sharif welcomed the State Bank of Pakistan’s decision to reduce the policy rate by 1%, bringing it down to 12%, a move he believes will significantly enhance investor confidence and stimulate economic activity.
In a statement, the Prime Minister described the rate reduction as a positive step for the economy, expressing optimism that it would encourage investment and contribute to economic growth.
“The policy rate reduction reflects improving economic stability, driven by a decline in inflation. I am confident that inflation will decrease further in the coming months, providing even greater relief and opportunities for growth,” he said.
The Prime Minister also acknowledged the efforts of Finance Minister Muhammad Aurangzeb and other relevant departments for their pivotal role in driving economic recovery and strengthening fiscal discipline.
