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State Bank Holds Policy Rate as Inflation Eases to Single Digits

The measure is expected to directly affect millions, with authorities promising transparent monitoring and quarterly progress reports.

The measure is expected to directly affect millions, with authorities promising transparent monitoring and quarterly progress reports.

Speaking to reporters, a spokesperson said further details would be shared shortly, adding that stakeholder consultations were ongoing and feedback would be incorporated where feasible.

Independent observers cautioned that execution remains the real test, pointing to earlier schemes that launched with momentum but slowed once initial attention faded.

Officials familiar with the matter said the initiative had been under preparation for several months, with technical committees reviewing detailed proposals before the final announcement was made public.

Provincial authorities have been directed to submit implementation roadmaps within thirty days, according to documents reviewed for this report.

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