{"id":62354,"date":"2020-03-07T10:00:00","date_gmt":"2020-03-07T05:00:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=62354"},"modified":"2020-03-06T17:52:45","modified_gmt":"2020-03-06T12:52:45","slug":"govt-focused-cutting-down-interest-rate-ali-nawaz-awan","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/govt-focused-cutting-down-interest-rate-ali-nawaz-awan.html","title":{"rendered":"Govt focused on cutting down national interest rate: Ali Nawaz Awan"},"content":{"rendered":"\n<p>Islamabad: Special Assistant to Prime Minister (PM) on Capital Development Authority (CDA) Ali Nawaz Awan on Thursday announced that the federal government was focused on cutting down the national interest rate, a news source reported. <\/p>\n\n\n\n<p><strong>Read<\/strong>: <a href=\"https:\/\/www.zameen.com\/news\/pm-hoping-sbp-reduces-interest-rate-boost-economy.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"PM hopes for reduced interest rates to boost economy (opens in a new tab)\">PM hopes for reduced interest rates to boost economy<\/a><\/p>\n\n\n\n<p>Awan opined that a reduced interest rate would have a\npositive impact on the industrial sectors of the country. He added that the\ncircular debt was already decreasing and revenue collection was moving up. He\nalso indicated that the inflation ratio was coming down.<\/p>\n\n\n\n<p>Last year in November, the Islamabad Chamber of Commerce &amp; Industry (ICCI) had requested the federal government to bring down the interest rate to a single digit. The chamber stated that this measure would help revive business activities in the country. <\/p>\n\n\n\n<p><strong>Read<\/strong>: <a href=\"https:\/\/www.zameen.com\/news\/icci-requests-reduction-interest-rate.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"ICCI requests reduction in interest rate to boost business activities (opens in a new tab)\">ICCI requests reduction in interest rate to boost business activities<\/a><\/p>\n\n\n\n<p>ICCI officials opined that higher interest rates were\npreventing growth of business activities, which was keeping the economy stagnant.\n<\/p>\n\n\n\n<p>Talking to a private news channel, the PM\u2019s special\nassistant invited all political parties to work with the incumbent government\nfor resolving the issues of the common man. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: Special Assistant to Prime Minister (PM) on Capital Development Authority (CDA) Ali Nawaz Awan on Thursday announced that the federal government was focused on cutting down the national interest rate, a news source reported. Read: PM hopes for reduced interest rates to boost economy Awan opined that a reduced interest rate would have a positive impact on the industrial sectors of the country. He added that the circular debt was already decreasing and revenue collection was moving up. He also indicated that the inflation ratio was coming down. Last year in November, the Islamabad Chamber of Commerce &amp; Industry (ICCI) had requested the federal government to bring down the interest rate to a single digit. The chamber stated that this measure would help revive business activities in the country. Read: ICCI requests reduction in interest rate to boost business activities ICCI officials opined that higher interest rates were preventing growth of business activities, which was keeping the economy stagnant. Talking to a private news channel, the PM\u2019s special assistant invited all political parties to work with the incumbent government for resolving the issues of the common man.<\/p>\n","protected":false},"author":68,"featured_media":60548,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15012,15017],"tags":[22180],"persona":[],"class_list":{"0":"post-62354","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-allied-industries","8":"category-notices-announcements","9":"tag-details-on-govt-focused-on-cutting-down-interest-rate-ali-nawaz-awan","10":"cat-15012-id","11":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Govt focused on cutting down national interest rate: Ali Nawaz Awan - Zameen News<\/title>\n<meta name=\"description\" content=\"Special Assistant to PM on Capital Development Authority (CDA) Ali Nawaz Awan on Thursday announced that the federal government was focused on cutting down the national interest rate.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/govt-focused-cutting-down-interest-rate-ali-nawaz-awan.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Govt focused on cutting down national interest rate: Ali Nawaz Awan - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Special Assistant to PM on Capital Development Authority (CDA) Ali Nawaz Awan on Thursday announced that the federal government was focused on cutting down the national interest rate.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/govt-focused-cutting-down-interest-rate-ali-nawaz-awan.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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