Tue, 21-Oct-2025

Employers resent raise in key policy rate

EFP

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

Employers’ to voluntarily pay EOBI contribution at enhanced rate

EOBI

KARACHI: The employers have agreed to voluntarily contribute to the Employees Old-age Benefit Institution (EOBI) at an enhanced rate and the Employers’ Federation of Pakistan (EFP) will establish the EOBI Help Desk in the EFP Secretariat to facilitate contributions, a statement said. This was agreed in a consultative meeting of the employers and the EOBI … Read more