Mr. Savaiz Ahmad Chairman Standing Committee on Banking talked about Intrest rate reduction
Mr. Savaiz Ahmad Chairman Standing Committee on Banking , Sargodha Chamber of Commerce & Industry said that inflation has reached 6.3 percent in September and inflation is expected to be 6.3 percent in October, so the interest rate should be reduced by 5 percent immediately. In the next phase it should be brought to single digit. He urged the government to take decisions in national interest and not to waste national resources.
