Govt formulating policy to rationalise interest rate: Dawood 

Adviser to the Prime Minister on Commerce, Textile, Industries and Production Abdul Razak Dawood has said the government is determined to curb smuggling, which has destroyed the industrial growth.

Talking to a private news channel, he said controlling this menace would boost textile and industrial sector in the country. About high-interest rate and impact on industrial sector, the advisor said the government is working on formulating a policy to rationalize the interest rate. He said businessmen would hear a good news in this regard in a couple of days.