International Monetary Fund’s (IMF)

SBP Governor: We are no Sri lanka, our GDP growth has increased

June 5, 2022 by Kumail Shah

Dr. Murtaza Syed, the acting governor of the State Bank of Pakistan (SBP)

We are not Sri Lanka, and we do not share their economic situation The country’s GDP growth rate has grown to 6% in the last two years In 2019 the public debt to GDP ratio was 77 percent, and today it is 71%., down by 6 percent KARACHI: Dr. Murtaza Syed, the acting governor … Read more

EFP endorses IMF’s narrative on govt borrowing

November 30, 2021 by Roman Ahmed

KARACHI: The Employers’ Federation of Pakistan (EFP) endorses the International Monetary Fund’s (IMF) narrative that the government should not borrow from the central bank, a statement said on Tuesday. EFP president Ismail Suttar said that the maneuvers of borrowing from the central bank will lead to a further amplification in the already peaked inflation rates, … Read more

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