KARACHI: Amid sharp deceleration in inflation, business leaders have urged the State Bank of Pakistan (SBP) to cut its policy rate by 300-500 basis points to revive trade and industrial activities.

The SBP’s Monetary Policy Committee (MPC) will meet on Monday.

In a statement, Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Atif Ikram Sheikh said the business, industry and trade community is disappointed with the monetary policy........

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