Mr. Tariq Bajwa, the Governor of the State Bank of Pakistan (SBP) has categorically stated that Pakistan is out of the woods on the financial front after having received assistance from the ‘friendly’ countries. As per him the economic uncertainty has ended and the right path has been set to meet the economic challenges. It is time to be optimistic based on these comments as the lingering uncertainty seems to have ended as the nation marches towards a progressive Pakistan. The Governor explained that the issue of the current account deficit had been managed through assistance received from friendly countries that Pakistan government approached post-elections and the as a result the issue of the external deficit has been addressed. In addition, he asserted that a plan had been prepared and is being put in place to resolve the current account deficit, though it remains a hurdle as government continues to ponder over the bail-out package from the International Monetary Fund (IMF).Wednesday 20 February 2019
Economic Viewpoint
Mr. Tariq Bajwa, the Governor of the State Bank of Pakistan (SBP) has categorically stated that Pakistan is out of the woods on the financial front after having received assistance from the ‘friendly’ countries. As per him the economic uncertainty has ended and the right path has been set to meet the economic challenges. It is time to be optimistic based on these comments as the lingering uncertainty seems to have ended as the nation marches towards a progressive Pakistan. The Governor explained that the issue of the current account deficit had been managed through assistance received from friendly countries that Pakistan government approached post-elections and the as a result the issue of the external deficit has been addressed. In addition, he asserted that a plan had been prepared and is being put in place to resolve the current account deficit, though it remains a hurdle as government continues to ponder over the bail-out package from the International Monetary Fund (IMF).
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