LAHORE: The Pakistan International Business Forum (PIBF) on Thursday expressed strong concerns over the decision to maintain the status quo in the monetary policy and not reducing the policy rate, stating that the move has gone against the expectations of the country’s business community.
In a statement, forum’s President Muhammad Ejaz Tanveer, Secretary General Malik Mahmood, Chief Organizer Maaz Qazi and Coordinator R&D Tahir Mavia said the business community had clearly demanded a 3.5 percent reduction in the policy rate, but these concerns were not addressed by the government and the monetary authorities.“The business community has serious reservations over the continuation of the existing monetary policy and the decision not to cut the policy rate. Despite making a clear demand for a 3.5 percent reduction in interest rates, the concerns of stakeholders were ignored,” the statement said.
Copyright Business Recorder, 2026
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