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Interest Rates in Pakistan Forecast 2024: Expected Decrease Soon

Federal Finance Minister Muhammad Aurangzeb has suggested a potential reduction in the interest rates in Pakistan, bringing hopeful news for the economy. Speaking at the Pak Business Forum, he highlighted a significant decrease in inflation and positive economic indicators.

Auangzeb emphasized that the falling inflation rate paves the way for a reduction in interest rates, aiming to provide relief to the public. He affirmed the government’s dedication to economic and financial reforms as a key agenda.

In addition, Foreign Minister Ishaq Dar addressed the forum, revealing plans for the potential downsizing of 84 institutions in Pakistan, reflecting the government’s commitment to efficient governance.

The announcement has sparked optimism among business leaders and the public, anticipating a more favorable economic climate in the near future.

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