Pakistan, July 27 -- Faisalabad Chamber of Commerce & Industry (FCCI) President Rehan Naseem Bharara has demanded a visible cut in policy rate and said that it has become imperative to consolidate the economic achievements, reduce production cost, enhance exports and control inflation so that Pakistani exportable surplus could compete with their regional arch rivals in international markets. In a statement here on Saturday, he said that the policy rate is already half in other countries and availability of cheap finances help them to give a quantum jump to their exports. "On the other hand, high policy rate has become a major impediment as our cost of doing business has increased manifold", he said and added that despite this disadvantage...