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real GDP

SBP maintains monetary policy rate at 5.75 pct

KARACHI: The monetary policy committee of the State Bank of Pakistan on Saturday decided to keep the policy rate unchanged at 5.75 percent, said the real GDP growth in Fiscal Year 2017 is provisionally estimated at 5.3 percent representing a ten year high. The central bank said that decision was over a range of factors including the economic upturn particularly the revival of domestic demand. The major thrust in economic activity comes from the ongoing public and private investment particularly in infrastructure and power…