Islamabad [Pakistan], April 3 (ANI): State Bank of Pakistan (SBP) is likely to raise the interest rate by two per cent at the upcoming meeting of the Monetary Policy Committee (MPC) to unlock the stalled IMF loan program, ARY News reported.
The staff-level agreement between the International Monetary Fund (IMF) and Pakistan was scheduled to take place on February 9.
The MPC is scheduled to meet tomorrow to discuss the int
State Bank of Pakistan likely to raise interest rate to unlock IMF loan program
