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Industry Leaders Criticise SBP Rate Hike | Dawn News English
April 28, 2026
AI Analysis: Bandwagon
Posted 3 hours ago by
Trade and industry leaders in Pakistan have strongly criticised the State Bank of Pakistan’s decision to raise the policy rate by 100 basis points to 11.5 per cent, calling the move ill-timed and damaging for the economy. Business representatives say the rate hike comes at a sensitive moment, when the country is still stabilising amid broader regional uncertainty linked to the Middle East conflict.
They argue that even when inflation was relatively lower, the policy rate remained elevated at 10.5 per cent, and repeated calls to bring it down to single digits in line with regional economies were not addressed. --------------------------------------------------------------------------------------------------------------------------- Dawn News English is your window into the latest news, insight, and features from South Asia and beyond. Official Facebook: https://www.facebook.com/dawndotcom/ Official Twitter: https://twitter.com/dawn_com Website: www.dawn.com Official Instagram: https://www.instagram.com/dawnnewsenglish #news #latestnews #dawnnewsenglish #dawnnews
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Technique: Bandwagon
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