Should the State Bank be autonomous?0
- Blog, Economic Security, National Security
- January 19, 2022
In wake of the government’s agreement with the IMF for reviving its $6 billion loan, it had committed to granting autonomous status to the State Bank of Pakistan (SBP). For this purpose, the SBP Act, 1956 is being amended through the SBP (Amendment) Act, 2021 for enhanced central bank autonomy, price stability, and accountability. Although
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