ISLAMABAD: The business community has appreciated and pleased with the new monetary policy 2012 as announced by State Bank of Pakistan (SBP).
Talking to a private news channel, Chairman Lahore Chamber of Commerce and Industries Irfan Qaiser Sheikh said that Pakistani industry will get revival after SBP's announcement regarding new interest rate as industrial sector is in standstill since long due to high interest rate in the country and business community was demanding of the government to decrease mark up rate keeping in view national and international economy.
"There will be now betterment in industrial growth. International and local investors will now invest in the country and new jobs will be created which ultimately cast good impact on the national economy", he added.
Chairman A K D group Aqeel Karim said that new SBP's step will help increase the industrial growth and new investments in the country.
"It is a good step of the government.In coming days, our economy will perform better due to lessening of mark up rate", he said.
Chairman APTMA Mohsin Aziz said that it is good step which will help attract investments and will boost industrial sector and business activities in the country.
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