'No disagreement on the end goal between the two sides'
Dr Reza Baqir
'In comparison, 58 percent of women have access to formal financial serves in Saudi Arabia and 92 per cent in Iran'
Dr Reza Baqir, while addressing a seminar regarding economic challenges, announced that the system is being converted to digitisation which is an easy and documented solution.
Heavy reliance on cash and limited use of digital channels reduces economic efficiency, hinders financial and economic development and impedes the goal of documenting the economy
'Transition to a market-based exchange rate system, building foreign exchange reserves, and bringing down inflation were key elements of the SBP’s reform programme to restore financial stability'
Governor Dr Reza Baqir in a press conference here today unveiling the monetary policy for the next two months announced 100 basis points hike in the interest rate, which now reached to 13.25 percent.
State Bank of Pakistan Governor Dr Reza Baqir here on Monday said that Pakistan's economic condition had improved due to the positive policies taken by the government.