SBP extends Rozgar Scheme for 3 months.

KARACHI -- Soon after the outbreak of Covid-19 pandemic, SBP took a number of steps to provide economic support to businesses and households, says a release of State Bank of Pakistan (SBP) here Tuesday.

It said SBP reduced the financial cost to the private and public businesses and households by reducing the policy rate by a cumulative 625 basis points since 17th March 2020. To improve the cash flow of businesses and households, it allowed deferment of principal amount and restructuring of loans. In addition to these...

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