Abb Takk News

Shahbaz Condemns Increase in Interest Rate by SBP

ISLAMABAD: PML-N President Shahbaz Sharif has condemned the increase in interest rates by the government and demanded its immediate withdrawal.

Leader of the Opposition in the National Assembly Shahbaz Sharif has said that by raising the interest rate to 7.25 percent, the government has declared its budget as false. The government is doing new blunders every day in the name of fixing the economy.

Shahbaz Sharif in his statement said that the government released the budget with the target of development. Increasing the policy rate is contrary to this claim. Shahbaz Sharif demanded withdrawal of decision to increase interest rates