The State Bank of Pakistan’s Monetary Policy Committee has trimmed the benchmark interest rate by 50 basis points to 9 percent, extending an easing cycle that has now brought borrowing costs down from the 22 percent peak reached during the height of the country’s inflation crisis. The central bank cited a sustained decline in headline inflation, which has hovered in...
BREAKING NEWS
Before AI, Pakistan Needs Actual Electricity, Water and Bread on the Table
The numbers behind Pakistan’s basic necessities crisis are not hidden, they are published, repeatedly, by the same institutions the government cites when it wants to talk about macroeconomic stability. Taken together, they make the AI data centre pitch look less like ambition and more like a country skipping several chapters of its own story. Start with water, since it is...
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