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Tag: purchasing power

Cost-of-living crisis: Serbia to cap food, consumer goods profit margins
Business
  • Reuters
  • Aug 24, 2025
Cost-of-living crisis: Serbia to cap food, consumer goods profit margins

The president also said that commercial banks should cap rates on cash loans to private borrowers to about 7.5 per cent, down three percentage points from the average. The central bank this month kept its benchmark rate unchanged at 5.75 per cent.

The Asian Development Bank (ADB) unveiled a substantial aid package for Pakistan, pledging $6 billion over the next three years.
Business
  • Web Desk
  • Oct 10, 2024
Asian Development Bank commits $6 billion aid package

Around $2.8 billion of the total amount will be provided under soft term, allowing lower interest rates and extended repayment schedules. 

Business
  • Web Desk
  • Sep 14, 2024
National Savings reduces interest rates on savings accounts

The move raised concerns among the public as savers and analysts alike  were worried and taken aback, respectively.

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