Tag Archives: Private sector retiring loans amid slowing economy

KARACHI: The private sector’s contribution to the economy, if bank borrowing is taken as an indicator, has come down drastically over the last 18 months. Data recently issued by the State Bank of Pakistan (SBP) reveal that the sector was unable to stage a meaningful recovery during the first four months (July-October) of FY24. The data show a repeat of …

Read More »