Islamabad [Pakistan], February 26 (ANI): Pakistan’s government has agreed to increase the policy interest rate which stands at 17 per cent by two per cent or 200 basis points to meet another condition set by the International Monetary Fund (IMF), The Express Tribune reported.
With the new decision, Pakistan has accepted another pre-condition of the IMF for the release of USD 1.1 billion in critical funding, a part of the
Pakistan accepts one more IMF condition, agrees to increase interest rate by 200 basis points
