KARACHI: The Employers’ Federation of Pakistan (EFP) is completely perplexed by the central bank’s action towards the recent interest rates, a statement said. EFP president Ismail Suttar said that the State Bank’s action to increase the level of already augmented interest rates proves that there is an absolute uncertainty about the correlation between inflation and … Read more
KARACHI: The Employers’ Federation of Pakistan (EFP) endorses the International Monetary Fund’s (IMF) narrative that the government should not borrow from the central bank, a statement said on Tuesday. EFP president Ismail Suttar said that the maneuvers of borrowing from the central bank will lead to a further amplification in the already peaked inflation rates, … Read more
KARACHI: Gas prices in Pakistan may lead to an unsolvable quandary if the government did not address this issue on time, an official of the Employers Federation of Pakistan (EFP) said on Tuesday. EFP president Ismail Suttar in a statement said that the government has always favoured the average domestic majority over the industrial minority … Read more
