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Tag Archives: Lending to private sector falls sharply

Lending to private sector falls sharply


December 11, 2022

KARACHI: Banks’ lending to private sector nosedived as it fell 16 times during the first five months of 2022-23 as compared to the same period last year. Prevailing political instability, rising inflation and a record high interest rate is understood to have put the cork on the flow of liquidity towards the private sector. Lending to this sector — which …

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