FPCCI Asks Authorities To Lower Policy Rate To Single Digits

The Federation of Pakistan Chambers of Commerce and Industry wants the government and State Bank of Pakistan to bring the policy rate down to single digits.

NationPulse Desk

Oct 26, 2026 · 7:03 PM 1 min read

FPCCI Asks Authorities To Lower Policy Rate To Single Digits

Key takeaways

The FPCCI asked the government and State Bank of Pakistan to cut the policy rate to single digits.
FPCCI President Sheikh stated lower borrowing costs help small and medium enterprises, traders, and manufacturers.
High interest rates increase debt-servicing costs for the government and private borrowers, according to the FPCCI.
The business body wants economic policymakers to adopt a growth-oriented monetary policy and consult the business community.

State authorities and the State Bank of Pakistan received a call from the Federation of Pakistan Chambers of Commerce and Industry to lower the policy rate into single digits so that business activity and economic growth can find support.

Sheikh, president of the FPCCI, stated that reduced borrowing expenses would enable small and medium-sized enterprises, large-scale manufacturers, and traders to invest in technology, grow value-added production, and rival regional competitors. Furthermore, he cautioned that elevated interest rates drive up debt-servicing expenses for private borrowers and the government, compounding fiscal strain and limiting economic expansion.

Economic policymakers, the federal government, and the central bank were urged by the business organization to pursue a growth-focused monetary policy, match interest rates with regional standards, and engage with the business sector prior to launching policies that directly impact economic operations.

Why it matters

Small and medium-sized enterprises, traders, large-scale manufacturers, and private borrowers are affected by high borrowing costs and fiscal pressure.