IMF and State Bank of Pakistan

Pakistan authorities have been running for the past six months with IMF, which are likely to be fixed next month.

Pakistan authorities have been running for the past six months with IMF, which are likely to be fixed next month.

Islamabad … News Time

The biggest challenge faced by the PTI government was to come to the very low level of reservoir reserves, in addition to referring to the International Monetary Fund to deal with this situation; he has not been able to show any option. Whenever a government faced such situation in the past, IMF tried to comply with our financial policies. The Pakistani authorities have been operating for the last six months with IMF, which are likely to be scheduled next month. So far he has presented many of his conditions in the conversation. Now he has told the government that he should stepped up with the State Bank with a flexible interest rate. IMF has given an example of emerging markets in the world. According to a report, the government is planning to acquire discipline in exchange and it is saving the state bank as a transparent and strong institution, as well as giving greater autonomy to corruption. In this regard, the amendment to the State Bank Act will be a logical and fundamental thing that is a long process, in which State Bank should obtain consultation and suggestions with other stakeholders. The financial policy of each country is maintained keeping the ground facts in mind. In the past 71 years the country’s corruption increased so much that the government is facing the biggest challenge in achieving the national issue. And the government also plans to revise its policies in this regard. The requirement is that while making a final decision, demands of IMF should be understood from every angle in the context of national and national interests.

Advertisement

No comments.

Leave a Reply