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Tuesday, April 30, 2024
State Bank of Pakistan

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    Package for paying utility bills, port charges demanded. Most SBP decisions good but interest rate very high. Local currency stable as compared to other countries.

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    (April 15, 2020) FPCCI’s Businessmen Panel SVP, President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Wednesday said the central bank should announce a package for the business community enabling...
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    Trivial reduction in interest rates labelled as a joke. SBP has taken economy as hostage, jobs and revenue under threat. Central bank negating Govt policy of enhancing exports.

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    (March 18, 2020) President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain on Wednesday said the slight reduction in the...
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    Monetary policy amid new challenges will test the skills of SBP officials. Top Govt functionaries have already announced softening of policy rate. Exodus of foreign investment a challenge for...

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    (March 16, 2020) President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain on Monday said upcoming monetary policy amid difficult...
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    PBIF demands stimulus for all sectors. Revenue collection may fall by Rs2000 billion. Power and gas bill payment in 12 installments demanded.

    State Bank of Pakistan
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    (April 20, 2020) FPCCI’s Businessmen Panel SVP, President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Monday said downward spiral has affected all the sectors therefore all of them including...
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    Credit Guarantee Scheme for Small and Marginalized Farmers by SBP hailed, Amount of Agricultural Guarantee should be Increased to Rs.500,000 and Risk Coverage to 75%.

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    January 11, 2016 President PBIF and All Karachi Industrial Alliance, Former Provincial Minister of Information Technology and First Vice Chairman of the Businessmen Panel of FPCCI Mian Zahid Hussain told that existing efforts by the Govt. to spur growth in...
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    Agriculture sector posing a serious threat to the economy. Cotton failure will trigger imports worth billions of dollars. Banks have no option but to finance private sector.

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    (November 11, 2020) Chairman of National Business Group of FPCCI, President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Wednesday said the agriculture sector is performing poorly to emerge as...
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    Budget deficit jumping to unsustainable levels. Gap between income and expenditure should be reduced. Interest rates cut, relief to SME and export sector needed.

    State Bank of Pakistan
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    (August 30, 2019) President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain on Friday said economic activities are stagnant, industrial...
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    PBIF concerned over exchange rate erosion. Poverty, cost of projects and raw material price to increase. Rupee still stable as compared to emerging markets.

    State Bank of Pakistan
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    (June 03, 2020) FPCCI’s Businessmen Panel SVP, President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Wednesday expressed concern over exchange rate erosion and called for steps to arrest the...
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    SBP’s initiatives to boost construction lauded. Dozens of industries will get a new lease of life. Issues of cement, steel and construction sector must be resolved.

    State Bank of Pakistan
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      (December 30, 2020) Chairman of National Business Group of FPCCI, President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Wednesday lauded the initiatives of the central bank to boost construction...
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    PM’s personal interest in strengthening SME sector praised. Businessmen recognise role of central bank in development. New policy should support whole SME sector.

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    (August 17, 2020) President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance and former provincial minister Mian Zahid Hussain on Monday lauded the personal interest of Prime Minister Imran Khan in strengthening the SME sector. The business community supports...
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