Hafeez Shaikh shares information on three laws to be enacted and related to SBP, uniform tax policy and government-owned institutes.
'No disagreement on the end goal between the two sides'
Reza Baqir, while detailing the economic improvements during a press briefing, said that the financial institutions are working on strategies to open doors of Pakistan to the world.
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.
ISLAMABAD: The Islamabad High Court (IHC) on Tuesday declared the appointment of Tariq Bajwa as Governor of the State Bank of Pakistan (SBP) as lawful. Justice Miangul Hassan Aurangzeb of the IHC dismissed a petition filed by as many as 22 senators challenging the appointment of the SBP Governor. Mr. Bajwa was appointed as the central bank Governor by President Mamnoon Hussain on July 7, 2017 for a period of 3 years starting from the day he assumed his new responsibilities. The senators belonging to various political…
ISLAMABAD: A resolution seeking immediate removal of State Bank of Pakistan (SBP) Governor Tariq Bajwa, having signatures of 40 Senators, has been submitted in the Senate on Monday. The resolution claims the incumbent governor is not eligible to the post since the SBP rules have been transgressed for making this appointment. It asserts that section-10 of the State Bank of Pakistan Act 1956 has been violated with the appointment of Bajwa. "No person shall hold office as Governor, who is employed in any capacity in the…